Daily Market Movement: Bitdeer Technologies Holding Co (BTDR) Sees a 3.25 Increase, Closing at 7.62

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The closing price of Bitdeer Technologies Holding Co (NASDAQ: BTDR) was $7.62 for the day, up 3.25% from the previous closing price of $7.38. In other words, the price has increased by $3.25 from its previous closing price. On the day, 2.95 million shares were traded. BTDR stock price reached its highest trading level at $7.695 during the session, while it also had its lowest trading level at $7.15.

Ratios:

Our analysis of BTDR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 1.03.

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 March 19, 2025, Reiterated its Buy rating but revised its target price to $15 from $18 previously.

On January 27, 2025, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $26.50.

On October 09, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $13.Northland Capital initiated its Outperform rating on October 09, 2024, with a $13 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTDR now has a Market Capitalization of 1466849920 and an Enterprise Value of 1028022720. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.05. Its current Enterprise Value per Revenue stands at 2.939 whereas that against EBITDA is -2.021.

Stock Price History:

The Beta on a monthly basis for BTDR is 2.28, which has changed by 0.1458646 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, BTDR has reached a high of $26.99, while it has fallen to a 52-week low of $5.25. The 50-Day Moving Average of the stock is -31.14%, while the 200-Day Moving Average is calculated to be -34.75%.

Shares Statistics:

BTDR traded an average of 5.84M shares per day over the past three months and 5136830 shares per day over the past ten days. A total of 192.50M shares are outstanding, with a floating share count of 81.62M. Insiders hold about 56.56% of the company’s shares, while institutions hold 15.93% stake in the company. Shares short for BTDR as of 1743379200 were 21851300 with a Short Ratio of 3.74, compared to 1740700800 on 16885610. Therefore, it implies a Short% of Shares Outstanding of 21851300 and a Short% of Float of 17.09.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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