On Monday, Bitdeer Technologies Holding Co (NASDAQ: BTDR) opened lower -4.15% from the last session, before settling in for the closing price of $8.68. Price fluctuations for BTDR have ranged from $2.77 to $14.27 over the past 52 weeks.
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A company in the Technology sector has dropped its sales by -2.49% annually for the last half of the decade. Company’s average yearly earnings per share was noted -216.66% at the time writing. With a float of $34.67 million, this company’s outstanding shares have now reached $63.57 million.
In an organization with 211 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Bitdeer Technologies Holding Co is 75.20%, while institutional ownership is 6.08%.
Bitdeer Technologies Holding Co (BTDR) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.04) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 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
Check out the current performance indicators for Bitdeer Technologies Holding Co (BTDR). In the past quarter, the stock posted a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.50.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.37 million. That was better than the volume of 1.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.46%. Additionally, its Average True Range was 0.62.
During the past 100 days, Bitdeer Technologies Holding Co’s (BTDR) raw stochastic average was set at 39.19%, which indicates a significant decrease from 78.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.06% in the past 14 days, which was lower than the 104.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.09, while its 200-day Moving Average is $7.49. However, in the short run, Bitdeer Technologies Holding Co’s stock first resistance to watch stands at $8.58. Second resistance stands at $8.83. The third major resistance level sits at $9.11. If the price goes on to break the first support level at $8.05, it is likely to go to the next support level at $7.77. Assuming the price breaks the second support level, the third support level stands at $7.52.
Bitdeer Technologies Holding Co (NASDAQ: BTDR) Key Stats
There are currently 111,966K shares outstanding in the company with a market cap of 1.16 billion. Presently, the company’s annual sales total 368,550 K according to its annual income of -56,660 K. Last quarter, the company’s sales amounted to 99,230 K and its income totaled -17,740 K.
