Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -53.76% lower on its value in year-to-date trading and has touched a low of $5.25 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 $10.53 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $10.02, the stock is 16.57% and -2.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.87 million and changing -4.84% at the moment leaves the stock -13.77% off its SMA200. BTDR registered 54.63% gain for a year compared to 6-month gain of 29.79%. The firm has a 50-day simple moving average (SMA 50) of $10.2466 and a 200-day simple moving average (SMA200) of $11.6196.
The stock witnessed a 1.01% loss in the last 1 month and extending the period to 3 months gives it a -35.52%, and is 31.84% up 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 11.55% over the week and 11.85% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 246 employees, a market worth around $1.93B and $349.78M in sales. Fwd P/E is 8.28. Profit margin for the company is -171.29%. Distance from 52-week low is 90.86% and -62.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-171.54%).
The EPS is expected to grow by 92.54% this year.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
156.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 38.17% of the company’s shares. The shares outstanding are 143.92M, and float is at 79.62M with Short Float at 27.81%. Institutions hold 22.27% 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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