Bitdeer Technologies Holding Co (NASDAQ:BTDR) shares traded -7.11% lower at $12.55 on Wall Street last session.
BTDR stock price is now -3.94% away from the 50-day moving average and -3.00% away from the 200-day moving average. The market capitalization of the company currently stands at $2.47B.
With the price target reduced from $15 to $13, Needham maintained Buy rating for Bitdeer Technologies Holding Co (NASDAQ: BTDR). On March 19, 2025, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $18 to quote $15, while ‘Keefe Bruyette’ rates the stock as ‘Outperform’
A total of 57.80% of the company’s stock is owned by insiders.
During the past 12 months, Bitdeer Technologies Holding Co has had a low of $5.40 and a high of $26.99. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.37, and a quick ratio of 1.13. The fifty day moving average price for BTDR is $13.0172 and a two-hundred day moving average price translates $12.912125 for the stock.
The latest earnings results from Bitdeer Technologies Holding Co (NASDAQ: BTDR) was released for 2025-03-31. The net profit margin was -63.34% and return on equity was -32.09% for BTDR. The company reported revenue of $70.13 million for the quarter, compared to $119.51 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -41.32 percent.
