Currently, there are 192.50M common shares owned by the public and among those 86.63M shares have been available to trade.
The company’s stock has a 5-day price change of 26.88% and 169.02% over the past three months. BTDR shares are trading 0.18% year to date (YTD), with the 12-month market performance up to 250.73% higher. It has a 12-month low price of $5.23 and touched a high of $26.99 over the same period. BTDR has an average intraday trading volume of 7.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.18%, 25.89%, and 116.43% respectively.
Institutional ownership of Bitdeer Technologies Holding Co (NASDAQ: BTDR) shares accounts for 7.47% of the company’s 192.50M shares outstanding.
It has a market capitalization of $4.18B and a beta (3y monthly) value of 2.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.84% over the week and 13.46% over the month.
Analysts forecast that Bitdeer Technologies Holding Co (BTDR) will achieve an EPS of -0.14 for the current quarter, -0.05 for the next quarter and 0.31 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.3 while analysts give the company a high EPS estimate of -0.3. Comparatively, EPS for the current quarter was -0.04 a year ago. Earnings per share for the fiscal year are expected to decrease by -323.62%, and 195.91% over the next financial year.
Looking at the support for the BTDR, a number of firms have released research notes about the stock. Northland Capital stated their Outperform rating for the stock in a research note on October 09, 2024, with the firm’s price target at $13. Alliance Global Partners coverage for the Bitdeer Technologies Holding Co (BTDR) stock in a research note released on October 08, 2024 offered a Buy rating with a price target of $14. Rosenblatt was of a view on August 14, 2024 that the stock is Buy, while Cantor Fitzgerald gave the stock Overweight rating on June 11, 2024, issuing a price target of $13. Needham on their part issued Buy rating on April 15, 2024.
