A new trading day began on Friday, with Bitdeer Technologies Holding Co (NASDAQ: BTDR) stock price up 10.19% from the previous day of trading, before settling in for the closing price of $6.87. BTDR’s price has ranged from $2.77 to $14.27 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company slipped by -2.49% over the past five years. Meanwhile, its annual earnings per share averaged -216.66%. With a float of $34.67 million, this company’s outstanding shares have now reached $63.57 million.
Let’s look at the performance matrix of the company that is accounted for 211 employees. In terms of profitability, gross margin is 25.35%, operating margin of -1.45%, and the pretax margin is -3.19%.
Bitdeer Technologies Holding Co (BTDR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Bitdeer Technologies Holding Co is 75.20%, while institutional ownership is 6.10%.
Bitdeer Technologies Holding Co (BTDR) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.02 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -216.66% per share during the next fiscal year.
Bitdeer Technologies Holding Co (NASDAQ: BTDR) Trading Performance Indicators
Here are Bitdeer Technologies Holding Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.34 in one year’s time.
Technical Analysis of Bitdeer Technologies Holding Co (BTDR)
Bitdeer Technologies Holding Co (NASDAQ: BTDR) saw its 5-day average volume 1.39 million, a negative change from its year-to-date volume of 1.98 million. As of the previous 9 days, the stock’s Stochastic %D was 36.87%. Additionally, its Average True Range was 0.60.
During the past 100 days, Bitdeer Technologies Holding Co’s (BTDR) raw stochastic average was set at 29.13%, which indicates a significant decrease from 49.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.06% in the past 14 days, which was lower than the 102.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.04, while its 200-day Moving Average is $7.55. Nevertheless, the first resistance level for the watch stands at $7.86 in the near term. At $8.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.72. If the price goes on to break the first support level at $7.00, it is likely to go to the next support level at $6.43. Assuming the price breaks the second support level, the third support level stands at $6.14.
Bitdeer Technologies Holding Co (NASDAQ: BTDR) Key Stats
With a market capitalization of 1.06 billion, the company has a total of 111,966K Shares Outstanding. Currently, annual sales are 368,550 K while annual income is -56,660 K. The company’s previous quarter sales were 99,230 K while its latest quarter income was -17,740 K.
