Bakkt Holdings Inc (NYSE:BKKT) at last check was buoying at $23.82 on current market day with a fall of -1.20% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $24.11 and 5Y monthly beta was reading 5.224 with its price kept floating in the range of $23.5622 and $25.68 on the day. Considering stock’s 52-week price range provides that BKKT hit a high price of $37.21 and saw its price falling to a low level of $6.81 during that period. Over a period of past 1-month, stock came adding 97.02% in its value.
According to ratings assigned by 3 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 2 of them are recommending Bakkt Holdings Inc (BKKT) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the BKKT stock which is currently positioned at 0. It further provides that stock’s current price level is 38.87% away from its 20-day simple moving average and is 67.52% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 70.98 while volatility remained at 14.90% over the past week which changes to 13.80% when measuring it over the past month. Beta is valued at 5.23. In predicting price targets of as low as $2 and as high as $2, analysts are in agreement on assigning the stock over the next 12 months average price target of $2. Stock’s current price level is 91.6% above from estimated low price target while it is 91.6% below the estimated high; and even if the BKKT’s share succeeded to reach the median price of $2, then the outlook of 91.6% could come to the excitement of the investors.
Having a second look at Bakkt Holdings Inc (NYSE:BKKT) provides that stock’s average daily trading volume for 3 months was 506.29K, while it jumped to 772500 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 6.66 million.
The percentage of outstanding shares held by the insiders is 23.36% while it is 20.07% for the institutional holders. The figures also indicate that as of 2025-06-13, number of stock’s short shares was 1.42 million which implies a short ratio of 2.71. This shows down a 2476.00 of Short Interest in company’s outstanding shares on the day. In June the standing of shares short improved as it was 1.45 million in the previous month. Addition of 4.47% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
