The trading price of Bakkt Holdings Inc (NYSE:BKKT) during today’s trading, the S&P 500 Index has current market day and closing at $17.4, 2.47% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $17.1432 and $19.315. In examining the 52-week price action we see that the stock hit a 52-week high of $37.21 and a 52-week low of $6.81. Over the past month, the stock has gained 29.85% in value.
Bakkt Holdings Inc, whose market valuation is $246.15 million at the time of this writing, is expected to release its quarterly earnings report on 2024-Nov-14. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest BKKT has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned BKKT a recommendation rating is 3. Out of them, 2 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Bakkt Holdings Inc (BKKT) as Underweight, while 0 advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that BKKT’s price is currently 23.39% off the SMA20 and 39.80% off the SMA50. The RSI metric on the 14-day chart is currently showing 64.38, and weekly volatility stands at 18.15%. When measured over the past 30 days, the indicator reaches 12.32%. Bakkt Holdings Inc (NYSE:BKKT)’s beta value is currently sitting at 5.19. With analysts defining $2-$2 as the low and high price targets, we arrive at a consensus price target of $2 for the trailing 12-month period. The current price is about 88.51% off the estimated low and 88.51% off the forecast high, based on this estimate. Investors will be thrilled if BKKT’s share price rises to $2, which is the median consensus price. At that level, BKKT’s share price would be 88.51% above current price.
To see how Bakkt Holdings Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: BKKT stock’s performance was 2.47% at last check in today’s session, and -29.75% in the past year.
An evaluation of the daily trading volume of Bakkt Holdings Inc (NYSE:BKKT) indicates that the 3-month average is 439.46K. However, this figure has increased over the past 10 days to an average of 0.75.
Currently, records show that 6.66 million of the company’s shares remain outstanding. The insiders hold 14.19% of outstanding shares, whereasinstitutions hold 20.07%. The stats also highlight that short interest as of 2025-06-13, stood at 1.42 million shares, resulting in a short ratio of 2.71 at that time. From this, we can conclude that short interest is 2476.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were down slightly from the previous month’s figure, which was 1.45 million. However, since the stock’s price has seen -2.19% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
