Quarterly Snapshot: Quick and Current Ratios for Bitdeer Technologies Holding Co (BTDR)

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The closing price of Bitdeer Technologies Holding Co (NASDAQ: BTDR) was $11.54 for the day, up 3.13% from the previous closing price of $11.19. In other words, the price has increased by $3.13 from its previous closing price. On the day, 13.16 million shares were traded. BTDR stock price reached its highest trading level at $12.2499 during the session, while it also had its lowest trading level at $10.56.

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 1.29 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.

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, Northland Capital on October 09, 2024, initiated with a Outperform rating and assigned the stock a target price of $13.

On October 08, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $14.

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 1929568896 and an Enterprise Value of 1382679808. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.01 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 3.285 whereas that against EBITDA is 27.354.

Stock Price History:

Over the past 52 weeks, BTDR has reached a high of $14.27, while it has fallen to a 52-week low of $3.97. The 50-Day Moving Average of the stock is 36.65%, while the 200-Day Moving Average is calculated to be 48.91%.

Shares Statistics:

BTDR traded an average of 3.23M shares per day over the past three months and 8461570 shares per day over the past ten days. A total of 63.57M shares are outstanding, with a floating share count of 33.91M. Insiders hold about 75.74% of the company’s shares, while institutions hold 10.18% stake in the company. Shares short for BTDR as of 1730332800 were 10707785 with a Short Ratio of 3.31, compared to 1727654400 on 10245845. Therefore, it implies a Short% of Shares Outstanding of 10707785 and a Short% of Float of 10.4399994.

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