A share price of Bitdeer Technologies Holding Co [BTDR] is currently trading at $17.77, down -4.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BTDR shares have gain 14.35% over the last week, with a monthly amount drifted -18.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bitdeer Technologies Holding Co [NASDAQ: BTDR] stock has seen the most recent analyst activity on January 27, 2025, when Keefe Bruyette initiated its Outperform rating and assigned the stock a price target of $26.50. Previously, Northland Capital started tracking the stock with Outperform rating on October 09, 2024, and set its price target to $13. On October 08, 2024, Alliance Global Partners initiated with a Buy rating and assigned a price target of $14 on the stock. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $13 as its price target on June 11, 2024. Needham started tracking with a Buy rating for this stock on April 15, 2024, and assigned it a price target of $14. In a note dated April 09, 2024, Rosenblatt initiated an Buy rating and provided a target price of $10.50 on this stock.
Bitdeer Technologies Holding Co experienced fluctuations in its stock price throughout the past year between $5.23 and $26.99. Currently, Wall Street analysts expect the stock to reach $16.67 within the next 12 months. Bitdeer Technologies Holding Co [NASDAQ: BTDR] shares were valued at $17.77 at the most recent close of the market. An investor can expect a potential drop of -6.19% based on the average BTDR price forecast.
Analyzing the BTDR fundamentals
Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.17 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
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 16.72 points at the first support level, and at 15.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.40, and for the 2nd resistance point, it is at 19.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Bitdeer Technologies Holding Co [NASDAQ:BTDR] is 1.62. Further, the Quick Ratio stands at 1.41, while the Cash Ratio is 1.51.
