Bolt Projects Holdings Inc (BSLK) Volatility Hits 113.76% – Here Is What You Should Do

AMAT

Bolt Projects Holdings Inc (NASDAQ:BSLK) concluded the trading at $0.69 on Wednesday, February 19 with a rise of 27.54% from its closing price on previous day.

Considering stock’s 52-week price range provides that BSLK hit a high price of $17.02 and saw its price falling to a low level of $0.23 during that period. Over a period of past 1-month, stock came adding 77.18% in its value.

With its current market valuation of $23.70 million, Bolt Projects Holdings Inc is set to declare its quarterly results in March. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.

In contrast, when we review BSLK stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 50% Sell for it.

Digging deeper we become aware of the PEG ratio of the BSLK stock which is currently positioned at 0. It further provides that stock’s current price level is 70.45% away from its 20-day simple moving average and is 69.52% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 57.58 while volatility remained at 113.76% over the past week which changes to 39.84% when measuring it over the past month. Beta is valued at 0.48, while measure of average true range or ATR is currently at 0.20.

The percentage of outstanding shares held by the insiders is 67.12% while it is 17.62% for the institutional holders. Addition of 43.36% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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