In last trading session, Bitdeer Technologies Holding Co (NASDAQ:BTDR) saw 5.61 million shares changing hands with its beta currently measuring 2.15. Company’s recent per share price level of $9.78 trading at -$0.93 or -8.68% at ring of the bell on the day assigns it a market valuation of $1.88B. That closing price of BTDR’s stock is at a discount of -175.97% from its 52-week high price of $26.99 and is indicating a premium of 46.52% from its 52-week low price of $5.23. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.72 million shares which gives us an average trading volume of 7.54 million if we extend that period to 3-months.
For Bitdeer Technologies Holding Co (BTDR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.22 in the current quarter.
Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information
Upright in the red during last session for losing -8.68%, in the last five days BTDR remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $9.78 price level, adding 14.29% to its value on the day. Bitdeer Technologies Holding Co’s shares saw a change of -54.87% in year-to-date performance and have moved -10.68% in past 5-day. Bitdeer Technologies Holding Co (NASDAQ:BTDR) showed a performance of -37.55% in past 30-days. Number of shares sold short was 16.89 million shares which calculate 2.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 20.5 to the stock, which implies a rise of 52.29% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 29. It follows that stock’s current price would drop -22.7% in reaching the projected high whereas dropping to the targeted low would mean a loss of -22.7% for stock’s current value.
Bitdeer Technologies Holding Co (BTDR) estimates and forecasts
This year revenue growth is estimated to rise 68.61% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 73.81M for the same. And 9 analysts are in estimates of company making revenue of 115.02M in the next quarter. Company posted 119.51M and 99.23M of sales in current and next quarters respectively a year earlier.
Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s Major holders
Insiders are in possession of 39.50% of company’s total shares while institution are holding 22.30 percent of that, with stock having share float percentage of 36.86%. Investors also watch the number of corporate investors in a company very closely, which is 22.30% institutions for Bitdeer Technologies Holding Co that are currently holding shares of the company. NISHKAMA CAPITAL, LLC is the top institutional holder at BTDR for having 1.2 million shares of worth $12.27 million. And as of 2024-06-30, it was holding 0.9454 of the company’s outstanding shares.
The second largest institutional holder is VIDENT ADVISORY, LLC, which was holding about 0.69 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.5453 of outstanding shares, having a total worth of $7.08 million.
On the other hand, Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF and Amplify Transformational Data Sharing ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.0 shares of worth $9.82 million or 0.90% of the total outstanding shares. The later fund manager was in possession of 903.66 shares on Dec 31, 2024 , making its stake of worth around $8.84 million in the company or a holder of 0.81% of company’s stock.
