Bakkt Holdings Inc (BKKT)’s stock is trading at $8.12 at the moment marking a fall of -36.71% from the last session close. As of this writing, shares are priced at -78.18% less than their 52-week high of $37.21, and 45.70% over their 52-week low of $5.57.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, BKKT’s SMA-200 is $17.19.
Further, it is important to consider BKKT stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 0.06.BKKT’s price to book ratio for the most recent quarter was 1.04, resulting in an 1.56 price to cash per share for the period.
How does Bakkt Holdings Inc (BKKT) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 0 brokerage firms that recommend the stock as a Strong Sell. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 0.00 in simple terms.
Bakkt Holdings Inc (NYSE: BKKT) Ownership Details
I will give a breakdown of the key shareholders in Bakkt Holdings Inc (BKKT). Recent figures show that the company’s insiders hold 26.23% of shares. A total of 67 institutional investors hold shares in the company, making 22.27% of its stock and 30.19% of its float.
Dec 31, 2024, it was reported that the Company’s largest institutional holder is Horizon Kinetics Asset Management LLC holding total of 367.93 shares that make 5.68% of the company’s total number of shares and are currently priced at 3.0 million.
The securities firm Vanguard Group Inc holds 256.66 shares of BKKT, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 3.96%, and the holding percentage of shares is valued at 2.09 million.
An overview of Bakkt Holdings Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Bakkt Holdings Inc (BKKT) traded 427,952 shares per day, with a moving average of $12.75 and price change of -7.34. With the moving average of $18.02 and a price change of -17.47, about 437,361 shares changed hands on average over the past 50 days. Finally, BKKT’s 100-day average volume is 763,820 shares, alongside a moving average of $19.56 and a price change of -3.50.
