Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -63.68% lower on its value in year-to-date trading and has touched a low of $5.23 and a high of $26.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BTDR stock was last observed hovering at around $7.95 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $7.87, the stock is -14.39% and -32.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.66 million and changing -1.01% at the moment leaves the stock -32.85% off its SMA200. BTDR registered 19.79% gain for a year compared to 6-month gain of 14.56%. The firm has a 50-day simple moving average (SMA 50) of $11.64 and a 200-day simple moving average (SMA200) of $11.7205.
The stock witnessed a -23.96% loss in the last 1 month and extending the period to 3 months gives it a -54.00%, and is -4.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.27% over the week and 10.81% over the month.
Fwd P/E is 5.79. Profit margin for the company is -171.29%. Distance from 52-week low is 50.48% and -70.84% from its 52-week high. The company has generated returns on investments over the last 12 months (-106.45%).
with sales reaching $67.58M over the same period.The EPS is expected to grow by 95.18% this year, but quarterly earnings will post 49.72% year-over-year. Quarterly sales are estimated to shrink -43.45% in year-over-year returns.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
156.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 39.50% of the company’s shares. The shares outstanding are 192.50M, and float is at 83.62M with Short Float at 26.13%. Institutions hold 23.20% of the Float.
The top institutional shareholder in the company is NISHKAMA CAPITAL, LLC with over 1.2 million shares valued at $12.27 million. The investor’s holdings represent 0.9454% of the BTDR Shares outstanding. As of 2024-06-30, the second largest holder is VIDENT ADVISORY, LLC with 0.69 million shares valued at $7.08 million to account for 0.5453 of the shares outstanding. The other top investors are D1 CAPITAL PARTNERS L.P. which holds 0.53 million shares representing 0.4149% and valued at over $5.39 million, while MARSHALL WACE, LLP holds 0.3909 of the shares totaling 0.49 million with a market value of $5.07 million.
Bitdeer Technologies Holding Co (BTDR) Insider Activity
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