(BKKT) Bakkt Holdings - Ratings and Ratios

Bakkt Holdings, Inc. (NYSE:BKKT) provides digital asset solutions and loyalty programs, enabling businesses to integrate crypto and rewards into their operations. The company’s platform supports crypto transactions, loyalty redemption, and institutional custody services. Bakkt Marketplace offers a user-friendly interface for buying, selling, and storing cryptocurrencies, while Bakkt Crypto provides institutional-grade solutions for managing digital assets. Bakkt Trust serves as a qualified custodian for institutional investors, ensuring secure storage of crypto assets. Additionally, the platform includes loyalty solutions such as redemption options for travel, gift cards, and merchandise, as well as a retail e-commerce booking platform for travel. Founded in 2018, Bakkt is based in Alpharetta, Georgia, and focuses on bridging the gap between traditional finance and digital assets. Web URL: https://www.bakkt.com

Ticker Symbol: BKKT | Exchange: NYSE | Type: Common Stock | Country Origin: United States | GICS Sub Industry: Financial Exchanges & Data

Based on the provided data, Bakkt Holdings, Inc. is currently trading at $15.95 with a market capitalization of $79.34M. The stock’s 20-day average volume is 360,594 shares, with a 20-day SMA of $13.93 and a 50-day SMA of $20.78. The 200-day SMA stands at $17.33, indicating a recent downward trend. The ATR of $2.06 reflects moderate volatility. On the fundamental side, the company’s P/B ratio of 1.68 suggests that the stock is trading near its book value, while the P/S ratio of 0.04 indicates a low valuation relative to its revenue.

3-Month Forecast: The stock is expected to remain under pressure due to the bearish crossover in the SMA indicators (20-day SMA below 50-day and 200-day SMAs). The low P/S ratio may attract value investors, but the lack of profitability (P/E: 0.00) could limit upside momentum. Support levels to watch: $13.93 (20-day SMA) and $17.33 (200-day SMA). Resistance levels: $20.78 (50-day SMA). The ATR of $2.06 suggests that price movements may remain choppy, with potential range-bound trading between $13.93 and $20.78.