Additionally, the 36-month beta value for BKKT is 5.13. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BKKT is 5.85M and currently, short sellers hold a 18.04% ratio of that float. The average trading volume of BKKT on March 18, 2025 was 437.06K shares.
BKKT) stock’s latest price update
The stock price of Bakkt Holdings Inc (NYSE: BKKT) has plunged by -36.72 when compared to previous closing price of 12.83, but the company has seen a -27.38% decline in its stock price over the last five trading sessions. businesswire.com reported 2025-03-18 that ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) today announced that it has changed the date for its previously announced earnings conference call. The company will now host a conference call at 5:00 P.M. ET on Wednesday, March 19, 2025, to review the results for the quarter and full year. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/258383643 or dial in at (833) 470-1428 or (404).
BKKT’s Market Performance
BKKT’s stock has fallen by -27.38% in the past week, with a monthly drop of -45.14% and a quarterly drop of -70.16%. The volatility ratio for the week is 8.13% while the volatility levels for the last 30 days are 10.96% for Bakkt Holdings Inc The simple moving average for the past 20 days is -36.35% for BKKT’s stock, with a -52.77% simple moving average for the past 200 days.
Analysts’ Opinion of BKKT
Many brokerage firms have already submitted their reports for BKKT stocks, with Wells Fargo repeating the rating for BKKT by listing it as a “Equal Weight.” The predicted price for BKKT in the upcoming period, according to Wells Fargo is $2.50 based on the research report published on September 29, 2022 of the previous year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see BKKT reach a price target of $3. The rating they have provided for BKKT stocks is “Neutral” according to the report published on July 19th, 2022.
Jefferies gave a rating of “Hold” to BKKT, setting the target price at $28 in the report published on November 11th of the previous year.
BKKT Trading at -54.95% from the 50-Day Moving Average
After a stumble in the market that brought BKKT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.18% of loss for the given period.
Volatility was left at 10.96%, however, over the last 30 days, the volatility rate increased by 8.13%, as shares sank -46.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -67.61% lower at present.
During the last 5 trading sessions, BKKT fell by -26.30%, which changed the moving average for the period of 200-days by -48.76% in comparison to the 20-day moving average, which settled at $12.76. In addition, Bakkt Holdings Inc saw -67.22% 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 BKKT starting from Intercontinental Exchange, Inc, who purchase 350,880 shares at the price of $0.87 back on Apr 25 ’24. After this action, Intercontinental Exchange, Inc now owns 649,934 shares of Bakkt Holdings Inc, valued at $304,213 using the latest closing price.
Stock Fundamentals for BKKT
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.16 for the gross margin
The net margin for Bakkt Holdings Inc stands at -0.03. The total capital return value is set at -0.7. Equity return is now at value -90.45, with -5.34 for asset returns.
Based on Bakkt Holdings Inc (BKKT), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at -2.42. The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is -4.86.
Currently, EBITDA for the company is -116.09 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.03. The receivables turnover for the company is 71.21for trailing twelve months and the total asset turnover is 1.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In conclusion, Bakkt Holdings Inc (BKKT) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
