The price of Bolt Projects Holdings Inc (NASDAQ:BSLK) shares last traded on Wall Street fell -46.33% to $0.66.
BSLK stock price is now 62.16% away from the 50-day moving average and -85.29% away from the 200-day moving average. The market capitalization of the company currently stands at $21.35M.
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In other news, Golden Arrow Sponsor, LLC, 10% Owner sold 278,856 shares of the company’s stock on Dec 30 ’24. The stock was sold for $141,631 at an average price of $0.51. Upon completion of the transaction, the 10% Owner now directly owns 9,162,702 shares in the company, valued at $6.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, 10% Owner Golden Arrow Sponsor, LLC sold 221,144 shares of the business’s stock. A total of $111,567 was realized by selling the stock at an average price of $0.50. This leaves the insider owning 9,441,558 shares of the company worth $6.23 million. A total of 67.12% of the company’s stock is owned by insiders.
During the past 12 months, Bolt Projects Holdings Inc has had a low of $0.23 and a high of $17.02. The fifty day moving average price for BSLK is $0.40706 and a two-hundred day moving average price translates $4.568865 for the stock.
The latest earnings results from Bolt Projects Holdings Inc (NASDAQ: BSLK) was released for 2024-09-30. The net profit margin was 75445.98% and return on equity was 199.77% for BSLK. The company reported revenue of $5000.0 for the quarter, compared to $1.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -99.61 percent.
