Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -40.66% lower on its value in year-to-date trading and has touched a low of $5.40 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 $14.31 in the last trading session, with the day’s loss setting it -1.45%.
Currently trading at $12.86, the stock is -6.28% and 17.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.56 million and changing -10.13% at the moment leaves the stock 6.68% off its SMA200. BTDR registered 110.47% gain for a year compared to 6-month loss of 4.30%. The firm has a 50-day simple moving average (SMA 50) of $10.9562 and a 200-day simple moving average (SMA200) of $12.05505.
The stock witnessed a 34.38% gain in the last 1 month and extending the period to 3 months gives it a 4.47%, and is -14.72% 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 6.22% over the week and 6.42% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 246 employees, a market worth around $2.53B and $300.40M in sales. Fwd P/E is 17.71. Profit margin for the company is -63.34%. Distance from 52-week low is 138.15% and -52.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.78%).
The EPS is expected to grow by 131.19% this year.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
145.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 39.76% of the company’s shares. The shares outstanding are 129.03M, and float is at 74.77M with Short Float at 31.35%. Institutions hold 23.19% 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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