Now Is A Good Time To Buy Bitdeer Technologies Holding Co (NASDAQ: BTDR)

During the recent session, Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s traded shares were 1.75 million, with the beta value of the company hitting 1.93. At the last check today, the stock’s price was $10.47, reflecting an intraday gain of 13.19% or $1.22. The 52-week high for the BTDR share is $14.65, that puts it down -39.92 from that peak though still a striking 73.54% gain since the share price plummeted to a 52-week low of $2.77. The company’s market capitalization is $1.24B, and the average trade volume was 1.14 million shares over the past three months.

Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information

Bitdeer Technologies Holding Co (BTDR) registered a 13.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.19% in intraday trading to $10.47, hitting a weekly high. The stock’s 5-day price performance is 6.19%, and it has moved by 71.36% in 30 days. Based on these gigs, the overall price performance for the year is -0.66%.

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Bitdeer Technologies Holding Co (BTDR) estimates and forecasts

Statistics show that Bitdeer Technologies Holding Co has underperformed its competitors in share price, compared to the industry in which it operates. Bitdeer Technologies Holding Co (BTDR) shares have gone down -8.48% during the last six months, with a year-to-date growth rate less than the industry average at -105.00% against 14.40. In the rating firms’ projections, revenue will increase 20.70% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 109.35M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 102.32M by the end of current fiscal year.

While earnings are projected to return -27.99% in 2024.

BTDR Dividends

Bitdeer Technologies Holding Co is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.