A Little Luck Can Go a Long Way with Bakkt Holdings Inc (BKKT) as it 5-day change was -10.00%

Witnessing the stock’s movement on the chart, on Wednesday Bakkt Holdings Inc (NYSE: BKKT) had a quiet start as it plunged -10.13% to $0.36, before settling in for the price of $0.40 at the close. Taking a more long-term approach, BKKT posted a 52-week range of $0.38-$2.75.

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The Technology sector firm’s twelve-monthly sales growth has been 443.37% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 66.67%. This publicly-traded company’s shares outstanding now amounts to $145.50 million, simultaneously with a float of $126.63 million. The organization now has a market capitalization sitting at $52.39 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6059, while the 200-day Moving Average is $1.2160.

Bakkt Holdings Inc (BKKT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Bakkt Holdings Inc’s current insider ownership accounts for 12.96%, in contrast to 19.84% institutional ownership. According to the most recent insider trade that took place on Mar 04 ’24, this organization’s 10% Owner bought 2,762,009 shares at the rate of 0.87, making the entire transaction reach 2,394,662 in total value, affecting insider ownership by 7,476,345. Preceding that transaction, on Feb 23 ’24, Company’s General Counsel & Secretary sold 50,247 for 0.88, making the whole transaction’s value amount to 44,047. This particular insider is now the holder of 566,630 in total.

Bakkt Holdings Inc (BKKT) Earnings and Revenue Records

Bakkt Holdings Inc’s EPS increase for this current 12-month fiscal period is 66.67% and is forecasted to reach -0.19 in the upcoming year.

Bakkt Holdings Inc (NYSE: BKKT) Trading Performance Indicators

Let’s observe the current performance indicators for Bakkt Holdings Inc (BKKT). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.07.

In the same vein, BKKT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.84, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.19 at the market close of one year from today.

Technical Analysis of Bakkt Holdings Inc (BKKT)

Going through the that latest performance of [Bakkt Holdings Inc, BKKT]. Its last 5-days volume of 3.74 million was inferior to the volume of 5.69 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 12.69% While, its Average True Range was 0.0511.

Raw Stochastic average of Bakkt Holdings Inc (BKKT) in the period of the previous 100 days is set at 1.22%, which indicates a major fall in contrast to 12.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 101.05% that was lower than 169.23% volatility it exhibited in the past 100-days period.