Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -29.30% 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 $15.19 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $15.32, the stock is 28.82% and 49.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.3 million and changing 0.86% at the moment leaves the stock 29.96% off its SMA200. BTDR registered 170.67% gain for a year compared to 6-month loss of 44.53%.
The stock witnessed a 101.05% gain in the last 1 month and extending the period to 3 months gives it a 1.93%, and is 8.04% 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 8.92% over the week and 9.82% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 246 employees, a market worth around $3.01B and $300.40M in sales. Fwd P/E is 20.09. Profit margin for the company is -63.34%. Distance from 52-week low is 183.70% and -43.24% 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 124.38% this year.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
The shares outstanding are 129.03M, and float is at 78.77M with Short Float at 30.21%.
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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