BKV Corp (NYSE: BKV) is 0.59% higher on its value in year-to-date trading and has touched a low of $17.39 and a high of $24.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BKV stock was last observed hovering at around $23.42 in the last trading session, with the day’s gains setting it 0.5%.
Currently trading at $23.92, the stock is 4.26% and 11.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing 2.13% at the moment leaves the stock 17.28% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $21.2662 and a 200-day simple moving average (SMA200) of $20.346197.
The stock witnessed a 10.38% in the last 1 month and extending the period to 3 months gives it a 32.89%, and is 0.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.36% over the week and 3.79% over the month.
Profit margin for the company is -7.67%. Distance from 52-week low is 37.55% and -1.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.68%).
The shares outstanding are 83.69M, and float is at 16.33M with Short Float at 10.27%.
BKV Corp (BKV) Insider Activity
The most recent transaction is an insider purchase by Bowman Simon, the company’s Senior Director Midstream. SEC filings show that Bowman Simon bought 100 shares of the company’s common stock on Sep 27 ’24 at a price of $18.00 per share for a total of $1800.0. Following the purchase, the insider now owns 3433.0 shares.
BKV Corp disclosed in a document filed with the SEC on Sep 27 ’24 that Lauer Travis (Vice President of Operations) bought a total of 750 shares of the company’s common stock. The trade occurred on Sep 27 ’24 and was made at $18.00 per share for $13500.0. Following the transaction, the insider now directly holds 11861.0 shares of the BKV stock.
Still, SEC filings show that on Sep 27 ’24, Birkelo Bradley A (Senior VP, Subsurface) acquired 500 shares at an average price of $18.00 for $9000.0. The insider now directly holds 134,620 shares of BKV Corp (BKV).
