On Monday, Bakkt Holdings Inc (NYSE: BKKT) was -4.44% drop from the session before settling in for the closing price of $29.31. A 52-week range for BKKT has been $5.57 – $68.75.
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Annual sales at Technology sector company grew by 443.37% over the past five years. With a float of $5.92 million, this company’s outstanding shares have now reached $6.48 million.
Let’s look at the performance matrix of the company that is accounted for 747 employees. In terms of profitability, gross margin is 16.35%, operating margin of -5.17%, and the pretax margin is -7.42%.
Bakkt Holdings Inc (BKKT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bakkt Holdings Inc stocks. The insider ownership of Bakkt Holdings Inc is 8.58%, while institutional ownership is 22.20%. The most recent insider transaction that took place on Apr 25 ’24, was worth 304,213. In this transaction 10% Owner of this company bought 350,880 shares at a rate of $0.87, taking the stock ownership to the 649,934 shares. Before that another transaction happened on Mar 04 ’24, when Company’s 10% Owner bought 2,762,009 for $0.87, making the entire transaction worth $2,394,662. This insider now owns 7,476,345 shares in total.
Bakkt Holdings Inc (BKKT) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 8.01 earnings per share (EPS) during the time that was better than consensus figure (set at -3.33) by 11.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Bakkt Holdings Inc (NYSE: BKKT) Trading Performance Indicators
You can see what Bakkt Holdings Inc (BKKT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.26
Technical Analysis of Bakkt Holdings Inc (BKKT)
Bakkt Holdings Inc (NYSE: BKKT) saw its 5-day average volume 5.17 million, a positive change from its year-to-date volume of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 70.79%. Additionally, its Average True Range was 3.26.
During the past 100 days, Bakkt Holdings Inc’s (BKKT) raw stochastic average was set at 67.53%, which indicates a significant increase from 66.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 408.60% in the past 14 days, which was higher than the 183.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.84, while its 200-day Moving Average is $14.58. Nevertheless, the first resistance level for the watch stands at $29.96 in the near term. At $31.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.73. If the price goes on to break the first support level at $26.19, it is likely to go to the next support level at $24.38. The third support level lies at $22.42 if the price breaches the second support level.
Bakkt Holdings Inc (NYSE: BKKT) Key Stats
There are 13,671K outstanding shares of the company, which has a market capitalization of 360.90 million. As of now, sales total 780,140 K while income totals -74,850 K. Its latest quarter income was 328,420 K while its last quarter net income were -2,890 K.
