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In the latest session, Bitdeer Technologies Holding Co (NASDAQ: BTDR) closed at $6.54 down -1.06% from its previous closing price of $6.61. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 3.41 million shares were traded. BTDR stock price reached its highest trading level at $6.7399 during the session, while it also had its lowest trading level at $6.36.
Ratios:
For a deeper understanding of Bitdeer Technologies Holding Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
On June 11, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $13.
On April 15, 2024, Needham started tracking the stock assigning a Buy rating and target price of $14.Needham initiated its Buy rating on April 15, 2024, with a $14 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 909661696 and an Enterprise Value of 699075200. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.74 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.661 whereas that against EBITDA is 13.756.
Stock Price History:
Over the past 52 weeks, BTDR has reached a high of $14.65, while it has fallen to a 52-week low of $2.77. The 50-Day Moving Average of the stock is -28.27%, while the 200-Day Moving Average is calculated to be -11.63%.
Shares Statistics:
For the past three months, BTDR has traded an average of 2.77M shares per day and 2949670 over the past ten days. A total of 63.57M shares are outstanding, with a floating share count of 34.90M. Insiders hold about 74.91% of the company’s shares, while institutions hold 6.19% stake in the company. Shares short for BTDR as of 1723680000 were 3363838 with a Short Ratio of 1.21, compared to 1721001600 on 2792403. Therefore, it implies a Short% of Shares Outstanding of 3363838 and a Short% of Float of 4.52.
