In today’s recent session, 8.61 million shares of the Bitdeer Technologies Holding Co (NASDAQ:BTDR) have been traded, and its beta is 2.27. Most recently the company’s share price was $20.21, and it changed around -$0.8 or -3.83% from the last close, which brings the market valuation of the company to $3.49B. BTDR at last check was trading at a discount to its 52-week high of $22.01, offering almost -8.91% off that amount. The share price’s 52-week low was $5.21, which indicates that the recent value has risen by an impressive 74.22% since then. We note from Bitdeer Technologies Holding Co’s average daily trading volume that its 10-day average is 10.46 million shares, with the 3-month average coming to 4.44 million.

Bitdeer Technologies Holding Co stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended BTDR as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Bitdeer Technologies Holding Co is expected to report earnings per share of -0.14 for the current quarter.

Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information

Instantly BTDR has been showing red trend so far today with a performance of -3.83% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 22.86 on recent trading dayincreased the stock’s daily price by 11.59%. The company’s shares are currently up 104.93% year-to-date, but still up 46.00% over the last five days. On the other hand, Bitdeer Technologies Holding Co (NASDAQ:BTDR) is 127.03% up in the 30-day period. We can see from the shorts that 10.71 million shares have been sold at a short interest cover period of 4.58 day(s).

The consensus price target as assigned by Wall Street analysts is $15, which translates to bulls needing to decrease their stock price by -34.73% from its current value. Analyst projections state that BTDR is forecast to be at a low of $9 and a high of $29.

Bitdeer Technologies Holding Co (BTDR) estimates and forecasts

Bitdeer Technologies Holding Co share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 177.17 percent over the past six months and at a -475.00% annual growth rate that is well below the industry average of 16.50%. The year-over-year growth rate is expected to be -5.28%, down from the previous year.

Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 68.81M in revenue for the current quarter. 9 analysts expect Bitdeer Technologies Holding Co to make 89.05M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 114.85M and 119.51M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -40.09%. Forecasts for the next quarter put sales growth at -25.49%.

BTDR Dividends

Bitdeer Technologies Holding Co’s next quarterly earnings report is expected to be released in January.

Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 64.38% of Bitdeer Technologies Holding Co shares, and 17.15% of them are in the hands of institutional investors. The stock currently has a share float of 48.15%.

Amplify Transformational Data Sharing ETF and Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 1.29 shares worth $27.11 million, making up 1.16% of all outstanding shares. On the other hand, Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF held roughly 590.4 shares worth around $12.36 million, which represents about 0.53% of the total shares outstanding.