Katapult Holdings, Inc. (NASDAQ:KPLT – Get Rating) was the target of some unusual options trading on Wednesday. Traders purchased 21,767 put options on the stock. This is an increase of 1,055% compared to the typical volume of 1,884 put options.
Katapult Stock Down 3.3 %
NASDAQ KPLT opened at $1.19 on Friday. The company has a quick ratio of 9.36, a current ratio of 9.36 and a debt-to-equity ratio of 3.71. Katapult has a 52 week low of $1.00 and a 52 week high of $6.56. The firm has a market capitalization of $116.77 million, a price-to-earnings ratio of 29.76 and a beta of 0.95. The company has a fifty day moving average of $1.29 and a two-hundred day moving average of $1.56.
Get Katapult alerts:Katapult (NASDAQ:KPLT – Get Rating) last issued its quarterly earnings results on Tuesday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $53.04 million for the quarter. Katapult had a negative return on equity of 88.28% and a net margin of 2.30%. On average, analysts predict that Katapult will post -0.39 earnings per share for the current year.
Institutional Trading of Katapult
A number of large investors have recently made changes to their positions in the stock. ExodusPoint Capital Management LP bought a new stake in shares of Katapult during the second quarter valued at approximately $25,000. Brown Brothers Harriman & Co. bought a new stake in Katapult during the 1st quarter valued at $27,000. Cresset Asset Management LLC purchased a new stake in shares of Katapult in the 1st quarter worth $30,000. Bluefin Capital Management LLC bought a new position in shares of Katapult during the 4th quarter worth $37,000. Finally, Millennium Management LLC purchased a new position in shares of Katapult during the second quarter valued at $59,000. 27.20% of the stock is owned by hedge funds and other institutional investors.Katapult Company Profile
(Get Rating)
Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce merchants.
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