Bakkt (NYSE:BKKT - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($2.95) earnings per share for the quarter, Zacks reports. Bakkt had a negative net margin of 2.84% and a negative return on equity of 62.65%. The company had revenue of $1.80 billion for the quarter. During the same period in the previous year, the company earned ($0.29) earnings per share. Bakkt updated its Q1 2025 guidance to EPS.
Bakkt Stock Performance
NYSE:BKKT traded up $1.34 during trading hours on Friday, reaching $11.86. The company's stock had a trading volume of 682,159 shares, compared to its average volume of 463,051. The company has a market capitalization of $162.07 million, a P/E ratio of -0.97 and a beta of 5.47. Bakkt has a 12 month low of $5.57 and a 12 month high of $37.21. The stock has a 50 day moving average price of $16.89 and a two-hundred day moving average price of $17.47.
About Bakkt
(
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Bakkt Holdings, Inc offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants.
Further Reading
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