A new trading day began on Monday, with BlackSky Technology Inc (NYSE: BKSY) stock price up 8.16% from the previous day of trading, before settling in for the closing price of $6.37. BKSY’s price has ranged from $3.86 to $14.16 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 39.52%. Meanwhile, its annual earnings per share averaged 29.32%. With a float of $22.72 million, this company’s outstanding shares have now reached $30.11 million.
The extent of productivity of a business whose workforce counts for 279 workers is very important to gauge. In terms of profitability, gross margin is 37.84%, operating margin of -46.65%, and the pretax margin is -25.93%.
BlackSky Technology Inc (BKSY) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Scientific & Technical Instruments Industry. The insider ownership of BlackSky Technology Inc is 24.55%, while institutional ownership is 15.42%. The most recent insider transaction that took place on Sep 10 ’24, was worth 8,140. In this transaction SVP & Controller of this company sold 1,389 shares at a rate of $5.86, taking the stock ownership to the 33,793 shares. Before that another transaction happened on Sep 10 ’24, when Company’s CEO and President sold 24,352 for $7.19, making the entire transaction worth $175,091. This insider now owns 479,785 shares in total.
BlackSky Technology Inc (BKSY) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.32% per share during the next fiscal year.
BlackSky Technology Inc (NYSE: BKSY) Trading Performance Indicators
Here are BlackSky Technology Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.58, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -1.47 in one year’s time.
Technical Analysis of BlackSky Technology Inc (BKSY)
The latest stats from [BlackSky Technology Inc, BKSY] show that its last 5-days average volume of 0.87 million was superior to 0.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.48%. Additionally, its Average True Range was 0.54.
During the past 100 days, BlackSky Technology Inc’s (BKSY) raw stochastic average was set at 44.69%, which indicates a significant decrease from 95.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.96% in the past 14 days, which was lower than the 94.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.73, while its 200-day Moving Average is $9.01. Now, the first resistance to watch is $7.09. This is followed by the second major resistance level at $7.30. The third major resistance level sits at $7.64. If the price goes on to break the first support level at $6.55, it is likely to go to the next support level at $6.21. Assuming the price breaks the second support level, the third support level stands at $6.00.
BlackSky Technology Inc (NYSE: BKSY) Key Stats
With a market capitalization of 207.46 million, the company has a total of 146,830K Shares Outstanding. Currently, annual sales are 94,490 K while annual income is -53,860 K. The company’s previous quarter sales were 24,940 K while its latest quarter income was -9,400 K.
