Bitdeer Technologies Holding Co (BTDR) concluded trading on Thursday at a closing price of $8.00, with 4.11 million shares of worth about $32.92 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.61% during that period and on September 26, 2024 the price saw a gain of about 6.10%. Currently the company’s common shares owned by public are about 63.57M shares, out of which, 34.24M shares are available for trading.
Stock saw a price change of 17.65% in past 5 days and over the past one month there was a price change of 13.80%. Year-to-date (YTD), BTDR shares are showing a performance of -18.86% which decreased to -16.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.77 but also hit the highest price of $14.27 during that period. The average intraday trading volume for Bitdeer Technologies Holding Co shares is 2.80 million. The stock is currently trading 21.26% above its 20-day simple moving average (SMA20), while that difference is up 4.38% for SMA50 and it goes to 5.60% higher than SMA200.
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Bitdeer Technologies Holding Co (NASDAQ: BTDR) currently have 63.57M outstanding shares and institutions hold larger chunk of about 6.17% of that.
The stock has a current market capitalization of $1.12B and its 3Y-monthly beta is at 1.91. It has posted earnings per share of -$1.24 in the same period. It has Quick Ratio of 1.28 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BTDR, volatility over the week remained 6.89% while standing at 7.73% over the month.
Stock’s fiscal year EPS is expected to drop by -108.98% while it is estimated to increase by 2835.12% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Rosenblatt on August 14, 2024 offering a Buy rating for the stock and assigned a target price of $9 to it. Coverage by Cantor Fitzgerald stated Bitdeer Technologies Holding Co (BTDR) stock as an Overweight in their note to investors on June 11, 2024, suggesting a price target of $13 for the stock. On April 15, 2024, Needham Initiated their recommendations, while on April 09, 2024, Rosenblatt Initiated their ratings for the stock with a price target of $10.50. Stock get a Buy rating from The Benchmark Company on March 14, 2024.
