During the last session, Bakkt Holdings Inc (NYSE:BKKT)’s traded shares were 0.43 million, with the beta value of the company hitting 5.31. At the end of the trading day, the stock’s price was $27.11, reflecting an intraday gain of 6.56% or $1.67. The 52-week high for the BKKT share is $51.75, that puts it down -90.89 from that peak though still a striking 79.45% gain since the share price plummeted to a 52-week low of $5.57. The company’s market capitalization is $370.63M, and the average intraday trading volume over the past 10 days was 0.46 million shares, and the average trade volume was 885.90K shares over the past three months.
Bakkt Holdings Inc (BKKT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. BKKT has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Bakkt Holdings Inc (NYSE:BKKT) trade information
Bakkt Holdings Inc (BKKT) registered a 6.56% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.56% in intraday trading to $27.11, hitting a weekly high. The stock’s 5-day price performance is -10.85%, and it has moved by 13.15% in 30 days. Based on these gigs, the overall price performance for the year is -42.93%. The short interest in Bakkt Holdings Inc (NYSE:BKKT) is 0.8 million shares and it means that shorts have 8.61 day(s) to cover.
The consensus price target of analysts on Wall Street is $2, which implies a decrease of -1255.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $2 respectively. As a result, BKKT is trading at a premium of 92.62% off the target high and 92.62% off the low.
BKKT Dividends
Bakkt Holdings Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Bakkt Holdings Inc (NYSE:BKKT)’s Major holders
Bakkt Holdings Inc insiders own 24.42% of total outstanding shares while institutional holders control 23.64%, with the float percentage being 31.27%. CWM, LLC is the largest shareholder of the company, while 69.0 institutions own stock in it. As of 2024-06-30, the company held over 262.0 shares (or 0.006% of all shares), a total value of $5000.0 in shares.
The next largest institutional holding, with 33.0 shares, is of IFP ADVISORS, INC’s that is approximately 0.0008% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $329.0.
