During the last session, Bakkt Holdings Inc (NYSE:BKKT)’s traded shares were 5.91 million, with the beta value of the company hitting 3.99. At the end of the trading day, the stock’s price was $0.36, reflecting an intraday loss of -10.13% or -$0.04. The 52-week high for the BKKT share is $2.75, that puts it down -663.89 from that peak though still a striking -5.56% loss since the share price plummeted to a 52-week low of $0.38. The company’s market capitalization is $52.39M, and the average trade volume was 6.13 million shares over the past three months.
Bakkt Holdings Inc (NYSE:BKKT) trade information
Bakkt Holdings Inc (BKKT) registered a -10.13% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -10.13% in intraday trading to $0.36, hitting a weekly high. The stock’s 5-day price performance is -10.00%, and it has moved by -35.96% in 30 days. Based on these gigs, the overall price performance for the year is -73.13%.
Bakkt Holdings Inc (BKKT) estimates and forecasts
Statistics show that Bakkt Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Bakkt Holdings Inc (BKKT) shares have gone down -65.37% during the last six months, with a year-to-date growth rate more than the industry average at 61.90% against 18.70. In the rating firms’ projections, revenue will decrease -89.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 17.9M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 18.43M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 13M and 15.8M respectively. In this case, analysts expect current quarter sales to grow by 37.70% and then jump by 16.60% in the coming quarter.
While earnings are projected to return 66.67% in 2024.
BKKT Dividends
Bakkt Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
