Bolt Projects Holdings Inc (NASDAQ: BSLK) has experienced a decline in its stock price by -8.88 compared to its previous closing price of 0.35. However, the company has seen a fall of -14.32% 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 at 0.43.
The public float for BSLK is 10.63M, and currently, shorts hold a 3.98% of that float. The average trading volume for BSLK on January 24, 2025 was 2.19M shares.
BSLK’s Market Performance
BSLK’s stock has seen a -14.32% decrease for the week, with a -5.93% drop in the past month and a -36.60% fall in the past quarter. The volatility ratio for the week is 13.62%, and the volatility levels for the past 30 days are at 18.24% for Bolt Projects Holdings Inc The simple moving average for the past 20 days is -19.88% for BSLK’s stock, with a -94.02% simple moving average for the past 200 days.
BSLK Trading at -20.96% 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 -98.14% of loss for the given period.
Volatility was left at 18.24%, however, over the last 30 days, the volatility rate increased by 13.62%, as shares sank -1.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.59% upper at present.
During the last 5 trading sessions, BSLK fell by -14.32%, which changed the moving average for the period of 200-days by -96.99% in comparison to the 20-day moving average, which settled at $0.3956. In addition, Bolt Projects Holdings Inc saw -34.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BSLK starting from Golden Arrow Sponsor, LLC, who sale 278,856 shares at the price of $0.51 back on Dec 30 ’24. After this action, Golden Arrow Sponsor, LLC now owns 9,162,702 shares of Bolt Projects Holdings Inc, valued at $141,631 using the latest closing price.
Golden Arrow Sponsor, LLC, the 10% Owner of Bolt Projects Holdings Inc, sale 221,144 shares at $0.50 during a trade that took place back on Dec 27 ’24, which means that Golden Arrow Sponsor, LLC is holding 9,441,558 shares at $111,567 based on the most recent closing price.
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 conclusion, Bolt Projects Holdings Inc (BSLK) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
