Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Bitdeer Technologies Holding Co (NASDAQ: BTDR) closed at $14.43 in the last session, up 1.76% from day before closing price of $14.18. In other words, the price has increased by $1.76 from its previous closing price. On the day, 3.92 million shares were traded.
Ratios:
We take a closer look at BTDR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.26.
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 7.94 while its Price-to-Book (P/B) ratio in mrq is 10.03.
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 $5.25. The 50-Day Moving Average of the stock is 44.27%, while the 200-Day Moving Average is calculated to be 23.50%.
Shares Statistics:
A total of 143.92M shares are outstanding, with a floating share count of 79.62M. Insiders hold about 58.64% of the company’s shares, while institutions hold 13.80% stake in the company.
