Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -34.98% 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 $14.43 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $14.09, the stock is 30.33% and 40.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.47 million and changing -2.36% at the moment leaves the stock 20.37% off its SMA200. BTDR registered 156.18% gain for a year compared to 6-month loss of 57.25%.
The stock witnessed a 79.03% gain in the last 1 month and extending the period to 3 months gives it a -12.81%, and is 24.14% 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 9.33% over the week and 9.56% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 246 employees, a market worth around $2.71B and $349.78M in sales. Fwd P/E is 10.62. Profit margin for the company is -171.29%. Distance from 52-week low is 168.38% and -47.80% 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 92.08% this year
The shares outstanding are 143.92M, and float is at 79.55M with Short Float at 29.91%.
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.
