The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -41.81%.However, over the last six months, we can see a weaker performance of 87.84%. Over the last 30 days, the price of BKKT has fallen by 167.88%. And in the last five days, it has surged by 29.50%.
Bakkt Holdings Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $68.75 on 12/29/23 and the lowest value was $5.57 on 05/01/24.
52-week price history of BKKT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Bakkt Holdings Inc’s current trading price is -52.81% away from its 52-week high, while its distance from the 52-week low is 482.07%. The stock’s price range during this period has varied between$5.57 and $68.75. The Bakkt Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 1.27 million for the day, a figure considerably higher than their average daily volume of 0.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Bakkt Holdings Inc (BKKT) has experienced a quarterly rise of 184.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 469.74M and boasts a workforce of 747 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.12, with a change in price of +14.44. Similarly, Bakkt Holdings Inc recorded 554,457 in trading volume during the last 100 days, posting a change of +80.22%.
BKKT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BKKT stands at 0.60. Similarly, the long-term debt-to-equity ratio is also 0.40.
BKKT Stock Stochastic Average
Bakkt Holdings Inc’s raw stochastic average for the past 50 days is presently 83.14%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 81.89%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.75% and 63.28%, respectively.
