Bitdeer Technologies Holding Co [NASDAQ: BTDR] closed the trading session at $15.66.
The stocks have a year to date performance of -27.73 percent and weekly performance of -7.28 percent. The stock has been moved at 98.48 percent over the last six months. The stock has performed -15.35 percent around the most recent 30 days and changed 75.96 percent over the most recent 3-months.
If compared to the average trading volume of 8.62M shares, BTDR reached to a volume of 6855942 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Bitdeer Technologies Holding Co [BTDR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTDR shares is $25.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTDR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Bitdeer Technologies Holding Co shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 27, 2025. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on October 09, 2024, representing the official price target for Bitdeer Technologies Holding Co stock. Previously, the target price had yet another raise to $14, while Alliance Global Partners analysts kept a Buy rating on BTDR stock.
The Average True Range (ATR) for Bitdeer Technologies Holding Co is set at 2.17 The Price to Book ratio for the last quarter was 4.20, with the Price to Cash per share for the same quarter was set at 1.98.
BTDR stock trade performance evaluation
Bitdeer Technologies Holding Co [BTDR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.28. With this latest performance, BTDR shares dropped by -15.35% in over the last four-week period, additionally plugging by 98.48% over the last 6 months – not to mention a rise of 89.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTDR stock in for the last two-week period is set at 41.39, with the RSI for the last a single of trading hit 37.35, and the three-weeks RSI is set at 44.60 for Bitdeer Technologies Holding Co [BTDR]. The present Moving Average for the last 50 days of trading for this stock 19.27, while it was recorded at 16.45 for the last single week of trading, and 10.87 for the last 200 days.
Bitdeer Technologies Holding Co [BTDR]: An insightful look at the core fundamentals
Bitdeer Technologies Holding Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.41 and a Current Ratio set at 1.62.
Earnings per share (EPS) analysis for Bitdeer Technologies Holding Co [BTDR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BTDR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bitdeer Technologies Holding Co go to 104.54%.
Bitdeer Technologies Holding Co [BTDR]: Institutional Ownership
There are presently around $17.15%, or 48.15%% of BTDR stock, in the hands of institutional investors. The top three institutional holders of BTDR stocks are: NISHKAMA CAPITAL, LLC with ownership of 1.2 million shares, which is approximately 0.9454%. VIDENT ADVISORY, LLC, holding 0.69 million shares of the stock with an approximate value of $$7.08 million in BTDR stocks shares; and VIDENT ADVISORY, LLC, currently with $$5.39 million in BTDR stock with ownership which is approximately 0.4149%.
