Bakkt Holdings Inc (BKKT) average volume reaches $763.99K: Are the Stars Lining Up for Investors?

Bakkt Holdings Inc (NYSE: BKKT) started the day on Thursday, with a price increase of 7.13% at $27.21, before settling in for the price of $25.40 at the close. Taking a more long-term approach, BKKT posted a 52-week range of $5.57-$68.75.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 443.37%. This publicly-traded company’s shares outstanding now amounts to $6.47 million, simultaneously with a float of $5.92 million. The organization now has a market capitalization sitting at $372.00 million. At the time of writing, stock’s 50-day Moving Average stood at $16.56, while the 200-day Moving Average is $14.68.

Bakkt Holdings Inc (BKKT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Bakkt Holdings Inc’s current insider ownership accounts for 8.58%, in contrast to 22.21% institutional ownership. According to the most recent insider trade that took place on Apr 25 ’24, this organization’s 10% Owner bought 350,880 shares at the rate of 0.87, making the entire transaction reach 304,213 in total value, affecting insider ownership by 649,934. Preceding that transaction, on Mar 04 ’24, Company’s 10% Owner bought 2,762,009 for 0.87, making the whole transaction’s value amount to 2,394,662. This particular insider is now the holder of 7,476,345 in total.

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 1.05. The Stock has managed to achieve an average true range (ATR) of 2.88. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.20.

In the same vein, BKKT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -12.26.

Technical Analysis of Bakkt Holdings Inc (BKKT)

If we take a close look at the recent performances of Bakkt Holdings Inc (NYSE: BKKT), its last 5-days Average volume was 0.61 million that shows progress from its year to date volume of 0.39 million. During the previous 9 days, stock’s Stochastic %D was recorded 45.85% While, its Average True Range was 2.96.

Raw Stochastic average of Bakkt Holdings Inc (BKKT) in the period of the previous 100 days is set at 64.70%, which indicates a major rise in contrast to 51.52% 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 80.62% that was lower than 181.93% volatility it exhibited in the past 100-days period.