At the end of the latest market close, Bakkt Holdings Inc. (BKKT) was valued at $1.84. In that particular session, Stock kicked-off at the price of $1.84 while reaching the peak value of $1.84 and lowest value recorded on the day was $1.66. The stock current value is $1.66.Recently in News on November 17, 2022, Bakkt confirms no exposure to FTX, FTT, Alameda or other affected companies. Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it has no exposure to FTX, FTT, Alameda, Gemini, Genesis, or companies that have halted activities due to ongoing contagion in the crypto markets. Consumers on the Bakkt platform continue to have access to their crypto and can buy or sell as usual, and Bakkt’s institutional platform also continues to be fully operational. As shared in a blog post published earlier this week, Bakkt takes a conservative approach to risk, avoiding lending, rehypothecation, leverage and illiquid positions. You can read further details here
Bakkt Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.0100 on 02/16/22, with the lowest value was $1.6600 for the same time period, recorded on 11/21/22.
Bakkt Holdings Inc. (BKKT) full year performance was -91.58%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Bakkt Holdings Inc. shares are logging -92.59% during the 52-week period from high price, and -2.35% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.70 and $22.40.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1430490 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Bakkt Holdings Inc. (BKKT) recorded performance in the market was -80.49%, having the revenues showcasing -36.15% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 454.97M, as it employees total of 579 workers.
Market experts do have their say about Bakkt Holdings Inc. (BKKT)
During the last month, 0 analysts gave the Bakkt Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.4703, with a change in the price was noted -0.44. In a similar fashion, Bakkt Holdings Inc. posted a movement of -20.95% for the period of last 100 days, recording 1,906,458 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BKKT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Bakkt Holdings Inc. (BKKT)
Raw Stochastic average of Bakkt Holdings Inc. in the period of last 50 days is set at 0.00%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.00%. In the last 20 days, the company’s Stochastic %K was 30.52% and its Stochastic %D was recorded 35.52%.
Bearing in mind the latest performance of Bakkt Holdings Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -80.49%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -30.83%, alongside a downfall of -91.58% for the period of the last 12 months. The shares increased approximately by -16.16% in the 7-day charts and went up by -25.56% in the period of the last 30 days. Common stock shares were lifted by -36.15% during last recorded quarter.