Bitdeer Technologies Holding Co (NASDAQ:BTDR) has a beta value of 1.92 and has seen 3.75 million shares traded in the last trading session. The company, currently valued at $1.10B, closed the last trade at $7.83 per share which meant it gained $0.04 on the day or 0.51% during that session. The BTDR stock price is -82.25% off its 52-week high price of $14.27 and 55.43% above the 52-week low of $3.49. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.93 million shares traded. The 3-month trading volume is 2.60 million shares.
The consensus among analysts is that Bitdeer Technologies Holding Co (BTDR) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.1.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information
Sporting 0.51% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BTDR stock price touched $7.83 or saw a rise of 19.28%. Year-to-date, Bitdeer Technologies Holding Co shares have moved -20.59%, while the 5-day performance has seen it change 3.98%. Over the past 30 days, the shares of Bitdeer Technologies Holding Co (NASDAQ:BTDR) have changed 12.74%. Short interest in the company has seen 9.86 million shares shorted with days to cover at 5.05.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 47.8% from current levels. The projected low price target is $9.0 while the price target rests at a high of $20.0. In that case, then, we find that the current price level is -155.43% off the targeted high while a plunge would see the stock gain -14.94% from current levels.
Bitdeer Technologies Holding Co (BTDR) estimates and forecasts
Figures show that Bitdeer Technologies Holding Co shares have underperformed across the wider relevant industry. The company’s shares have gained 36.41% over the past 6 months, with this year growth rate of -335.00%, compared to 18.80% for the industry. Revenue growth from the last financial year stood is estimated to be 5.40%.
9 analysts offering their estimates for the company have set an average revenue estimate of 78.85M for the current quarter. 9 have an estimated revenue figure of 86.58M for the next ending quarter. Year-ago sales stood 87.3M and 114.85M respectively for this quarter and the next, and analysts expect sales will shrink by -9.70% for the current quarter and 5.40% for the next.
BTDR Dividends
Bitdeer Technologies Holding Co is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s Major holders
Insiders own 60.75% of the company shares, while shares held by institutions stand at 10.94% with a share float percentage of 27.87%. Investors are also buoyed by the number of investors in a company, with Bitdeer Technologies Holding Co having a total of 80.0 institutions that hold shares in the company.