Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Bitdeer Technologies Holding Co (NASDAQ: BTDR) closed the day trading at $12.86 down -10.13% from the previous closing price of $14.31. In other words, the price has decreased by -$10.13 from its previous closing price. On the day, 6.56 million shares were traded.
Ratios:
For a better understanding of BTDR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on April 21, 2025, Reiterated its Buy rating but revised its target price to $13 from $15 previously.
On March 19, 2025, Needham reiterated its Buy rating and also upped its target price recommendation from $18 to $15.
On January 27, 2025, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $26.50.Keefe Bruyette initiated its Outperform rating on January 27, 2025, with a $26.50 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 8.42 while its Price-to-Book (P/B) ratio in mrq is 2.81.
Stock Price History:
Over the past 52 weeks, BTDR has reached a high of $26.99, while it has fallen to a 52-week low of $5.40. The 50-Day Moving Average of the stock is 17.38%, while the 200-Day Moving Average is calculated to be 6.68%.
Shares Statistics:
A total of 129.03M shares are outstanding, with a floating share count of 74.77M. Insiders hold about 58.21% of the company’s shares, while institutions hold 16.33% stake in the company.