Bitdeer Technologies Group (BTDR) volume exceeds 6.47 million: A new investment opportunity for investors

Sana Meer

A new trading day began on Friday, with Bitdeer Technologies Group (NASDAQ: BTDR) stock price up 5.84% from the previous day of trading, before settling in for the closing price of $12.67. BTDR’s price has ranged from $6.84 to $27.80 over the past 52 weeks.

Meanwhile, its annual earnings per share averaged 93.79%. With a float of $113.29 million, this company’s outstanding shares have now reached $129.03 million.

Bitdeer Technologies Group (BTDR) Breakdown of a Key Holders of the stock

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 Group is 50.35%, while institutional ownership is 24.57%.

Bitdeer Technologies Group (BTDR) Recent Fiscal highlights

In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.22 per share, which was $0.1 lower 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.

Bitdeer Technologies Group (NASDAQ: BTDR) Trading Performance Indicators

Here are Bitdeer Technologies Group’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.46, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.60 in one year’s time.

Technical Analysis of Bitdeer Technologies Group (BTDR)

Looking closely at Bitdeer Technologies Group (NASDAQ: BTDR), its last 5-days average volume was 8.3 million, which is a jump from its year-to-date volume of 6.06 million. As of the previous 9 days, the stock’s Stochastic %D was 95.32%.

During the past 100 days, Bitdeer Technologies Group’s (BTDR) raw stochastic average was set at 20.63%, which indicates a significant decrease from 27.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.56 in the past 14 days, which was higher than the 1.40 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.36, while its 200-day Moving Average is $13.81. However, in the short run, Bitdeer Technologies Group’s stock first resistance to watch stands at $13.76. Second resistance stands at $14.12. The third major resistance level sits at $14.54. If the price goes on to break the first support level at $12.98, it is likely to go to the next support level at $12.56. Now, if the price goes above the second support level, the third support stands at $12.20.

Bitdeer Technologies Group (NASDAQ: BTDR) Key Stats

With a market capitalization of 3.12 billion, the company has a total of 211,717K Shares Outstanding. Currently, annual sales are 349,780 K while annual income is -599,150 K. The company’s previous quarter sales were 169,710 K while its latest quarter income was -266,690 K.

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