Bitdeer Technologies Holding Co (NASDAQ: BTDR) is 11.36% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BTDR stock was last observed hovering at around $10.91 in the last trading session, with the day’s loss setting it -6.15%.
Currently trading at $4.76M, the stock is -15.97% and -9.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.7 million and changing 3702823% at the moment leaves the stock -12.39% off its SMA200. BTDR registered -49.33% loss for a year compared to 6-month loss of -43.40%. The firm has a 50-day simple moving average (SMA 50) of $12.0941 and a 200-day simple moving average (SMA200) of $12.532775.
The stock witnessed a -27.19% gain in the last 1 month and extending the period to 3 months gives it a -5.75%, and is -19.03% 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 3.33% over the week and 5.01% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 246 employees, a market worth around $2.16B and $300.40M in sales. Fwd P/E is 14.35. Profit margin for the company is -63.34%. Distance from 52-week low is 103.33% and -59.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.78%).
with sales reaching $88.72M over the same period.The EPS is expected to grow by 131.45% this year, but quarterly earnings will post 42.04% year-over-year. Quarterly sales are estimated to shrink -10.59% in year-over-year returns.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
146.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 42.03% of the company’s shares. The shares outstanding are 129.03M, and float is at 83.02M with Short Float at 27.96%. Institutions hold 23.42% 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.
