At the time of writing, Bitdeer Technologies Holding Co [BTDR] stock is trading at $7.07, up 0.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BTDR shares have gain 1.87% over the last week, with a monthly amount glided 23.60%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Bitdeer Technologies Holding Co [NASDAQ: BTDR] stock has seen the most recent analyst activity on October 08, 2024, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $14. On June 11, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $13 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $14 on April 15, 2024. Rosenblatt initiated its recommendation with a Buy and recommended $10.50 as its price target on April 09, 2024. The Benchmark Company started tracking with a Buy rating for this stock on March 14, 2024, and assigned it a price target of $13. In a note dated March 13, 2024, BTIG Research initiated an Buy rating and provided a target price of $15 on this stock.
For the past year, the stock price of Bitdeer Technologies Holding Co fluctuated between $2.77 and $14.27. Currently, Wall Street analysts expect the stock to reach $14.83 within the next 12 months. Bitdeer Technologies Holding Co [NASDAQ: BTDR] shares were valued at $7.07 at the most recent close of the market. An investor can expect a potential return of 109.76% based on the average BTDR price forecast.
Analyzing the BTDR fundamentals
According to Bitdeer Technologies Holding Co [NASDAQ:BTDR], the company’s sales were 332.31M for trailing twelve months, which represents an 36.70% jump. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.06 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.81 points at the first support level, and at 6.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.33, and for the 2nd resistance point, it is at 7.59.
Ratios To Look Out For
It is important to note that Bitdeer Technologies Holding Co [NASDAQ:BTDR] has a current ratio of 1.73. Also, the Quick Ratio is 1.28, while the Cash Ratio stands at 1.07. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 1.75.
