Bolt Projects Holdings Inc (NASDAQ: BSLK)’s stock price has dropped by -6.20 in relation to previous closing price of 0.32. Nevertheless, the company has seen a loss of -17.25% in its stock price over the last five trading days.
Is It Worth Investing in Bolt Projects Holdings Inc (NASDAQ: BSLK) Right Now?
The 36-month beta value for BSLK is also noteworthy at 0.50.
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The public float for BSLK is 10.13M, and at present, short sellers hold a 3.14% of that float. The average trading volume of BSLK on December 26, 2024 was 1.67M shares.
BSLK’s Market Performance
The stock of Bolt Projects Holdings Inc (BSLK) has seen a -17.25% decrease in the past week, with a -10.52% drop in the past month, and a -61.90% fall in the past quarter. The volatility ratio for the week is 15.79%, and the volatility levels for the past 30 days are at 16.98% for BSLK. The simple moving average for the past 20 days is -31.63% for BSLK’s stock, with a -95.11% simple moving average for the past 200 days.
BSLK Trading at -25.26% from the 50-Day Moving Average
After a stumble in the market that brought BSLK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.21% of loss for the given period.
Volatility was left at 16.98%, however, over the last 30 days, the volatility rate increased by 15.79%, as shares sank -10.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.67% lower at present.
During the last 5 trading sessions, BSLK fell by -20.92%, which changed the moving average for the period of 200-days by -97.09% in comparison to the 20-day moving average, which settled at $0.4439. In addition, Bolt Projects Holdings Inc saw -96.99% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BSLK
Equity return is now at value 199.77, with 19.67 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.
Conclusion
In summary, Bolt Projects Holdings Inc (BSLK) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
