Stock Performance Spotlight: Bitdeer Technologies Holding Co (BTDR) Ends the Day at 11.54, Down by -2.62

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As of close of business last night, Bitdeer Technologies Holding Co’s stock clocked out at $11.54, down -2.62% from its previous closing price of $11.85. In other words, the price has decreased by -$2.62 from its previous closing price. On the day, 4.59 million shares were traded. BTDR stock price reached its highest trading level at $12.58 during the session, while it also had its lowest trading level at $11.23.

Ratios:

To gain a deeper understanding of BTDR’s stock, we examine its different ratios. 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 4.85 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 $3.91. The 50-Day Moving Average of the stock is 41.61%, while the 200-Day Moving Average is calculated to be 50.12%.

Shares Statistics:

It appears that BTDR traded 3.08M shares on average per day over the past three months and 6771690 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 3.47, compared to 1727654400 on 10245845. Therefore, it implies a Short% of Shares Outstanding of 10707785 and a Short% of Float of 10.4399994.

Earnings Estimates

A detailed examination of Bitdeer Technologies Holding Co (BTDR) is currently in progress, with 5.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.04, with high estimates of $0.08 and low estimates of -$0.2.

Analysts are recommending an EPS of between -$0.16 and -$0.79 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is $0.03, with 6.0 analysts recommending between $0.28 and -$0.33.

Revenue Estimates

In the current quarter, 8 analysts expect revenue to total $67.38M. It ranges from a high estimate of $74.5M to a low estimate of $62.1M. As of the current estimate, Bitdeer Technologies Holding Co’s year-ago sales were $114.85MFor the next quarter, 8 analysts are estimating revenue of $90.37M. There is a high estimate of $120.3M for the next quarter, whereas the lowest estimate is $72.5M.

A total of 8 analysts have provided revenue estimates for BTDR’s current fiscal year. The highest revenue estimate was $355.02M, while the lowest revenue estimate was $342.9M, resulting in an average revenue estimate of $347.6M. In the same quarter a year ago, actual revenue was $368.55MBased on 11 analysts’ estimates, the company’s revenue will be $553.99M in the next fiscal year. The high estimate is $839.08M and the low estimate is $427.57M.

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