While Bitdeer Technologies Holding Co has overperformed by 3.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BTDR rose by 40.59%, with highs and lows ranging from $26.99 to $5.25, whereas the simple moving average fell by -34.75% in the last 200 days.
On March 19, 2025, Needham Reiterated Bitdeer Technologies Holding Co (NASDAQ: BTDR) to Buy. A report published by Keefe Bruyette on January 27, 2025, Initiated its previous ‘Outperform’ rating for BTDR. Northland Capital also rated BTDR shares as ‘Outperform’, setting a target price of $13 on the company’s shares in an initiating report dated October 09, 2024. Alliance Global Partners Initiated an Buy rating on October 08, 2024, and assigned a price target of $14. Rosenblatt initiated its ‘Buy’ rating for BTDR, as published in its report on August 14, 2024. Cantor Fitzgerald’s report from June 11, 2024 suggests a price prediction of $13 for BTDR shares, giving the stock a ‘Overweight’ rating. Needham also rated the stock as ‘Buy’.
Analysis of Bitdeer Technologies Holding Co (BTDR)
Further, the quarter-over-quarter decrease in sales is -21.72%, showing a negative trend in the upcoming months.
One of the most important indicators of Bitdeer Technologies Holding Co’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.61, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and BTDR is recording 5.84M average volume. On a monthly basis, the volatility of the stock is set at 10.92%, whereas on a weekly basis, it is put at 8.82%, with a gain of 0.26% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.47, showing growth from the present price of $7.62, which can serve as yet another indication of whether BTDR is worth investing in or should be passed over.
How Do You Analyze Bitdeer Technologies Holding Co Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 56.56%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 15.93% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BTDR shares are owned by institutional investors to the tune of 15.93% at present.
