BKV Corp (NYSE:BKV) price on Friday, April 11, rose 2.29% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $16.54.
A look at the stock’s price movement, the close in the last trading session was $16.17, moving within a range at $15.6955 and $16.69. Turning to its 52-week performance, $26.78 and $15.00 were the 52-week high and 52-week low respectively. Overall, BKV moved -13.22% over the past month.
BKV Corp’s market cap currently stands at around $1.40 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 214M for the company’s revenue for the quarter, with a low and high estimate of 200M and 222.99M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 859.5M, representing a 47.94% jump on that reported in the last financial year.
BKV’s current price about -15.60% and -21.43% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.75, while 7-day volatility ratio is 10.26% and 5.35% in the 30-day chart. Further, BKV Corp (BKV) has a beta value of 0, and an average true range (ATR) of 1.24. Analysts have given the company’s stock an average 52-week price target of $24, forecast between a low of $23 and high of $29. Looking at the price targets, the low is -39.06% off current price level while to achieve the yearly target high, price needs to move -75.33%. Nonetheless, investors will most likely welcome a -45.1% jump to $24 which is the analysts’ median price.
If we refocus on BKV Corp (NYSE:BKV), historical trading data shows that trading volumes averaged 0.55 over the past 10 days and 498.69K over the past 3 months. The company’s latest data on shares outstanding shows there are 84.39 million shares.
The 80.90% of BKV Corp’s shares are in the hands of company insiders while institutional holders own 20.14% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.5 million on 2025-03-14, giving us a short ratio of 2.67. The data shows that as of 2025-03-14 short interest in BKV Corp (BKV) stood at 877.0 of shares outstanding, with shares short rising to 1.41 million registered in 2025-02-14. Current price change has pushed the stock -30.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BKV stock continues to rise going into the next quarter.
