Bitdeer Technologies Holding Co (BTDR) is gearing up for another turning point as it hit the volume of 4.99 million

Bitdeer Technologies Holding Co (NASDAQ: BTDR) kicked off on Monday, up 16.38% from the previous trading day, before settling in for the closing price of $10.01. Over the past 52 weeks, BTDR has traded in a range of $5.23-$26.99.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -3.36%. While this was happening, its average annual earnings per share was recorded 98.78%. With a float of $85.79 million, this company’s outstanding shares have now reached $192.50 million.

Considering the fact that the conglomerate employs 211 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 18.98%, operating margin of -169.78%, and the pretax margin is -171.99%.

Bitdeer Technologies Holding Co (BTDR) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Bitdeer Technologies Holding Co is 55.43%, while institutional ownership is 15.65%.

Bitdeer Technologies Holding Co (BTDR) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 98.78% per share during the next fiscal year.

Bitdeer Technologies Holding Co (NASDAQ: BTDR) Trading Performance Indicators

Take a look at Bitdeer Technologies Holding Co’s (BTDR) current performance indicators. Last quarter, stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.41.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.70, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach 1.69 in one year’s time.

Technical Analysis of Bitdeer Technologies Holding Co (BTDR)

Compared to the last year’s volume of 6.63 million, its volume of 4.18 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.37%. Additionally, its Average True Range was 1.29.

During the past 100 days, Bitdeer Technologies Holding Co’s (BTDR) raw stochastic average was set at 22.95%, which indicates a significant decrease from 96.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.26% in the past 14 days, which was lower than the 144.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.73, while its 200-day Moving Average is $11.71. Nevertheless, the first resistance level for the watch stands at $12.09 in the near term. At $12.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.37. If the price goes on to break the first support level at $10.81, it is likely to go to the next support level at $9.96. Should the price break the second support level, the third support level stands at $9.53.

Bitdeer Technologies Holding Co (NASDAQ: BTDR) Key Stats

The company with the Market Capitalisation of 2.24 billion has total of 111,966K Shares Outstanding. Its annual sales at the moment are 349,780 K in contrast with the sum of -599,150 K annual income. Company’s last quarter sales were recorded 69,020 K and last quarter income was -531,920 K.