While Bitdeer Technologies Holding Co has overperformed by 1.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BTDR rose by 56.93%, with highs and lows ranging from $26.99 to $5.25, whereas the simple moving average fell by -9.41% in the last 200 days.
On April 21, 2025, Needham Reiterated Bitdeer Technologies Holding Co (NASDAQ: BTDR) to Buy. A report published by Needham on March 19, 2025, Reiterated its previous ‘Buy’ rating for BTDR. Keefe Bruyette also rated BTDR shares as ‘Outperform’, setting a target price of $26.50 on the company’s shares in an initiating report dated January 27, 2025. Northland Capital Initiated an Outperform rating on October 09, 2024, and assigned a price target of $13. Alliance Global Partners initiated its ‘Buy’ rating for BTDR, as published in its report on October 08, 2024. Rosenblatt’s report from August 14, 2024 suggests a price prediction of $9 for BTDR shares, giving the stock a ‘Buy’ rating. Cantor Fitzgerald also rated the stock as ‘Overweight’.
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.
Bitdeer Technologies Holding Co’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. Taking into account the quick ratio of the company, currently set at 0.56, 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 be an extremely valuable indicator of volatility, and BTDR is registering an average volume of 5.68M. On a monthly basis, the volatility of the stock is set at 11.59%, whereas on a weekly basis, it is put at 11.15%, with a gain of 38.19% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.30, showing growth from the present price of $10.53, 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?
Besides checking the fundamentals, you should also know how many employees own shares in 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 57.60%. 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.
