The stock of Bitdeer Technologies Holding Co (BTDR) has gone down by -8.57% for the week, with a -36.35% drop in the past month and a -35.63% drop in the past quarter. The volatility ratio for the week is 12.26%, and the volatility levels for the past 30 days are 11.38% for BTDR. The simple moving average for the last 20 days is -21.22% for BTDR’s stock, with a simple moving average of -10.02% for the last 200 days.
Is It Worth Investing in Bitdeer Technologies Holding Co (NASDAQ: BTDR) Right Now?
BTDR has 36-month beta value of 2.15. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BTDR is 87.62M, and currently, short sellers hold a 18.36% ratio of that float. The average trading volume of BTDR on March 10, 2025 was 8.05M shares.
BTDR) stock’s latest price update
The stock price of Bitdeer Technologies Holding Co (NASDAQ: BTDR) has dropped by -5.91 compared to previous close of 11.00. Despite this, the company has seen a fall of -8.57% in its stock price over the last five trading days. marketbeat.com reported 2025-03-03 that The cryptocurrency market is in a slump after hitting a new all-time high on the date of President Trump’s inauguration, Bitcoin fell back below $80,000 early Friday morning. But coins themselves aren’t the only ones feeling the heat of this sell-off.
Analysts’ Opinion of BTDR
Many brokerage firms have already submitted their reports for BTDR stocks, with Keefe Bruyette repeating the rating for BTDR by listing it as a “Outperform.” The predicted price for BTDR in the upcoming period, according to Keefe Bruyette is $26.50 based on the research report published on January 27, 2025 of the current year 2025.
Northland Capital, on the other hand, stated in their research note that they expect to see BTDR reach a price target of $13. The rating they have provided for BTDR stocks is “Outperform” according to the report published on October 09th, 2024.
Alliance Global Partners gave a rating of “Buy” to BTDR, setting the target price at $14 in the report published on October 08th of the previous year.
BTDR Trading at -39.78% from the 50-Day Moving Average
After a stumble in the market that brought BTDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.65% of loss for the given period.
Volatility was left at 11.38%, however, over the last 30 days, the volatility rate increased by 12.26%, as shares sank -39.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.51% lower at present.
During the last 5 trading sessions, BTDR fell by -10.29%, which changed the moving average for the period of 200-days by +68.41% in comparison to the 20-day moving average, which settled at $13.13. In addition, Bitdeer Technologies Holding Co saw -52.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BTDR
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.22 for the gross margin
The net margin for Bitdeer Technologies Holding Co stands at -0.18. The total capital return value is set at -0.08.
Based on Bitdeer Technologies Holding Co (BTDR), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at -0.96.
Currently, EBITDA for the company is 27.4 million with net debt to EBITDA at 11.66. When we switch over and look at the enterprise to sales, we see a ratio of 4.79. The receivables turnover for the company is 16.04for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
To put it simply, Bitdeer Technologies Holding Co (BTDR) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
