BigBear.ai Holdings Inc (BBAI) average volume reaches $12.23M: Is Wall Street expecting a rally?

A new trading day began on Monday, with BigBear.ai Holdings Inc (NYSE: BBAI) stock price up 7.59% from the previous day of trading, before settling in for the closing price of $1.45. BBAI’s price has ranged from $1.16 to $4.80 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 2.19%. Meanwhile, its annual earnings per share averaged 47.00%. With a float of $9.03 million, this company’s outstanding shares have now reached $157.29 million.

Let’s determine the extent of company efficiency that accounts for 480 employees.

BigBear.ai Holdings Inc (BBAI) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of BigBear.ai Holdings Inc is 94.27%, while institutional ownership is 7.72%. The most recent insider transaction that took place on Mar 27 ’24, was worth 75,038. In this transaction Chief Accounting Officer of this company sold 36,250 shares at a rate of $2.07, taking the stock ownership to the 99,428 shares. Before that another transaction happened on Mar 20 ’24, when Company’s Chief Accounting Officer sold 5,000 for $2.16, making the entire transaction worth $10,800. This insider now owns 156,830 shares in total.

BigBear.ai Holdings Inc (BBAI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 47.00% per share during the next fiscal year.

BigBear.ai Holdings Inc (NYSE: BBAI) Trading Performance Indicators

Here are BigBear.ai Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.16 in one year’s time.

Technical Analysis of BigBear.ai Holdings Inc (BBAI)

Looking closely at BigBear.ai Holdings Inc (NYSE: BBAI), its last 5-days average volume was 3.75 million, which is a drop from its year-to-date volume of 10.55 million. As of the previous 9 days, the stock’s Stochastic %D was 11.38%. Additionally, its Average True Range was 0.18.

During the past 100 days, BigBear.ai Holdings Inc’s (BBAI) raw stochastic average was set at 3.58%, which indicates a significant decrease from 19.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.93% in the past 14 days, which was lower than the 130.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.2668, while its 200-day Moving Average is $1.8383. However, in the short run, BigBear.ai Holdings Inc’s stock first resistance to watch stands at $1.6167. Second resistance stands at $1.6733. The third major resistance level sits at $1.7467. If the price goes on to break the first support level at $1.4867, it is likely to go to the next support level at $1.4133. Should the price break the second support level, the third support level stands at $1.3567.

BigBear.ai Holdings Inc (NYSE: BBAI) Key Stats

With a market capitalization of 245.86 million, the company has a total of 242,628K Shares Outstanding. Currently, annual sales are 155,160 K while annual income is -60,370 K. The company’s previous quarter sales were 40,560 K while its latest quarter income was -21,260 K.