Currently, there are 91.38M 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 -25.65% and 101.30% over the past three months. BTDR shares are trading -28.29% year to date (YTD), with the 12-month market performance up to 149.04% 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 8.24 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 -25.78%, -13.77%, and 51.27% respectively.
Institutional ownership of Bitdeer Technologies Holding Co (NASDAQ: BTDR) shares accounts for 7.43% of the company’s 91.38M shares outstanding.
It has a market capitalization of $2.99B and a beta (3y monthly) value of 2.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 15.40% over the week and 13.78% over the month.
Earnings per share for the fiscal year are expected to decrease by -367.31%, and 167.09% over the next financial year.
Looking at the support for the BTDR, a number of firms have released research notes about the stock. Keefe Bruyette stated their Outperform rating for the stock in a research note on January 27, 2025, with the firm’s price target at $26.50. Northland Capital coverage for the Bitdeer Technologies Holding Co (BTDR) stock in a research note released on October 09, 2024 offered a Outperform rating with a price target of $13. Alliance Global Partners was of a view on October 08, 2024 that the stock is Buy, while Rosenblatt gave the stock Buy rating on August 14, 2024, issuing a price target of $9. Cantor Fitzgerald on their part issued Overweight rating on June 11, 2024.
