How to Buy Bakkt Holdings Stock
Bakkt Holdings Inc
VPC Impact Acquisition Holdings focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Bakkt Holdings stock last closed at $0.37, up 2.5% from the previous day, and has decreased 72.46% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.89 percentage points. Bakkt Holdings stock is currently +11.48% from its 52-week low of $0.33, and -86.58% from its 52-week high of $2.75.
There are currently 321.68M BKKT shares outstanding. The market value of BKKT is $118.70M. In the last 24 hours, 2.79M BKKT shares were traded.
How to Buy Bakkt Holdings Stock
Not sure how to invest in Bakkt Holdings stock? Here's how.
- Decide where to buy Bakkt Holdings stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Bakkt Holdings stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your information.
- Analyze Bakkt Holdings stock: The Bakkt Holdings ticker symbol is BKKT. Is Bakkt Holdings stock a good investment? Should you buy shares of BKKT? How do BKKT's underlying business fundamentals look? Do top analysts think Bakkt Holdings is a good buy? Why has BKKT's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if BKKT is a good stock to buy).
- Make your BKKT trade: Decide if you will purchase BKKT shares at the current market price or use a limit order to buy BKKT stock at a specific price.
- Get updates on your BKKT position: Create a watchlist to important updates regarding your position in Bakkt Holdings stock.
Step 1: Decide where to buy Bakkt Holdings stock
You need a brokerage account in order to access the NYSE market and buy BKKT stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to buy BKKT stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the video below for more details transferring funds into your investment account.
Step 4: Analyze Bakkt Holdings stock
Once you have identified the best place to buy Bakkt Holdings stock, it's important to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Bakkt Holdings stock at a glance
Fundamentals of BKKT
WallStreetZen was designed to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on BKKT's stock page.
Is BKKT stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BKKT's intrinsic value.
Using relative valuations measures:
- BKKT may be undervalued based on its P/B ratio of 2.46x, relative to Software - Infrastructure industry P/B ratio of 11.14x
You can do additional valuation research on BKKT's stock here.
How do BKKT Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the BKKT balance sheet.
- BKKT has cash burn of 70130000. It has sufficient cash and short-term investments to cover this for at least one year.
- BKKT profit margin has gone up from -1,028.2% to -9.6% in the past year.
- There are more short-term assets than short-term liabilities on the BKKT balance sheet.
Failed Financial Due Diligence Checks:
- BKKT has a relatively high debt to equity ratio of 17.22.
- BKKT has $102.12M in cash and short term investments. This is not sufficient to cover its annual cash burn of $70.13M.
Is it a good time to buy Bakkt Holdings stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on BKKT, the consensus analyst rating on BKKT is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Bakkt Holdings stock forecast page.
BKKT Trading Indicators
BKKT Revenue
Last year, BKKT revenue was $780.14M. In the past three year, BKKT's revenue has gone up by 297.68% per year. This was faster than the Software - Infrastructure industry average of 17.26%.
You can analyze BKKT's earnings and revenue performance here.
Latest Insiders Trades at BKKT
In the last 12 months, executives and large shareholders at BKKT have sold more shares than they have bought.
Marc Dannunzio, General Counsel Secretary of BKKT, was the latest BKKT insider to sell. They sold $8,181.10 worth of BKKT shares on Apr 22, 2024.
Dig into more about who owns BKKT stock here.
Does BKKT provide a stable income stream?
No, Bakkt Holdings doesn't provide an income stream by paying out dividends.
What do other investors have to say about BKKT?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your BKKT trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your BKKT position
Now that you own some shares in BKKT, you'll want to stay up-to-date on your new company.
Make a watchlist to get alerted to the latest events about your BKKT stock.
BKKT Feed
How to Buy Stock in Bakkt Holdings
To summarize, here are the 6 steps you need to take to buy Bakkt Holdings stock right now:
- Decide where to buy Bakkt Holdings stock
- Open a brokerage account
- Fund your investment account
- Analyze Bakkt Holdings stock
- Make your BKKT trade
- Get updates on your BKKT position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Bakkt Holdings, add BKKT to your watchlist by clicking the button below.
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