A new trading day began on Friday, with Bakkt Holdings Inc (NYSE: BKKT) stock price up 3.38% from the previous day of trading, before settling in for the closing price of $26.66. BKKT’s price has ranged from $5.57 to $68.75 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 443.37% over the last five years. With a float of $5.91 million, this company’s outstanding shares have now reached $6.47 million.
The firm has a total of 747 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Bakkt Holdings Inc is 8.78%, while institutional ownership is 22.21%. 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) Recent Fiscal highlights
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
Here are Bakkt Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.26
Technical Analysis of Bakkt Holdings Inc (BKKT)
Analysing the last 5-days average volume posted by the [Bakkt Holdings Inc, BKKT], we can find that recorded value of 0.79 million was better than the volume posted last year of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 31.91%. Additionally, its Average True Range was 3.12.
During the past 100 days, Bakkt Holdings Inc’s (BKKT) raw stochastic average was set at 65.94%, which indicates a significant increase from 41.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.82% in the past 14 days, which was lower than the 184.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.84, while its 200-day Moving Average is $15.09. Now, the first resistance to watch is $28.65. This is followed by the second major resistance level at $29.73. The third major resistance level sits at $31.56. If the price goes on to break the first support level at $25.74, it is likely to go to the next support level at $23.91. Now, if the price goes above the second support level, the third support stands at $22.83.
Bakkt Holdings Inc (NYSE: BKKT) Key Stats
With a market capitalization of 389.50 million, the company has a total of 13,671K Shares Outstanding. Currently, annual sales are 780,140 K while annual income is -74,850 K. The company’s previous quarter sales were 328,420 K while its latest quarter income was -2,890 K.