Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -50.69%. However, over the past six months, we’ve seen a weaker performance of 45.30%. The price of BKKT fallen by 6.30% over the last 30 days. And in the last five days, it has surged by 3.11%.
In terms of market performance, Bakkt Holdings Inc had a fairly uneven. The highest value for the stock in the past year was $68.75 on 12/29/23, and the lowest value was recorded at $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 -60.01% away from its 52-week high, while its distance from the 52-week low is 393.25%. 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 0.52 million for the day, a figure considerably lower than their average daily volume of 0.87 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Bakkt Holdings Inc (BKKT) has experienced a quarterly rise of 178.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 339.73M 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 16.09, with a change in price of +12.64. Similarly, Bakkt Holdings Inc recorded 587,577 in trading volume during the last 100 days, posting a change of +85.12%.
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 65.65%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 40.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 55.62% and 56.83%, respectively.
