On Tuesday, Blade Air Mobility Inc (NASDAQ: BLDE) opened lower -8.88% from the last session, before settling in for the closing price of $3.83. Price fluctuations for BLDE have ranged from $2.45 to $4.24 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 60.83% over the last five years. Company’s average yearly earnings per share was noted 71.25% at the time writing. With a float of $53.52 million, this company’s outstanding shares have now reached $75.13 million.
The firm has a total of 281 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.59%, operating margin of -14.84%, and the pretax margin is -9.2%.
Blade Air Mobility Inc (BLDE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Airports & Air Services industry is another important factor to consider. The insider ownership of Blade Air Mobility Inc is 31.33%, while institutional ownership is 51.08%. The most recent insider transaction that took place on Nov 12 ’24, was worth 170,898. Before that another transaction happened on Sep 11 ’24, when Company’s Chief Accounting Officer sold 4,891 for $2.85, making the entire transaction worth $13,939. This insider now owns 74,591 shares in total.
Blade Air Mobility Inc (BLDE) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.1) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 71.25% per share during the next fiscal year.
Blade Air Mobility Inc (NASDAQ: BLDE) Trading Performance Indicators
Check out the current performance indicators for Blade Air Mobility Inc (BLDE). In the past quarter, the stock posted a quick ratio of 6.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Blade Air Mobility Inc (BLDE)
Analysing the last 5-days average volume posted by the [Blade Air Mobility Inc, BLDE], we can find that recorded value of 0.94 million was better than the volume posted last year of 0.65 million. As of the previous 9 days, the stock’s Stochastic %D was 53.19%. Additionally, its Average True Range was 0.22.
During the past 100 days, Blade Air Mobility Inc’s (BLDE) raw stochastic average was set at 64.49%, which indicates a significant increase from 38.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.29% in the past 14 days, which was lower than the 59.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.37, while its 200-day Moving Average is $3.27. Now, the first resistance to watch is $3.73. This is followed by the second major resistance level at $3.96. The third major resistance level sits at $4.24. If the price goes on to break the first support level at $3.22, it is likely to go to the next support level at $2.94. Now, if the price goes above the second support level, the third support stands at $2.71.
Blade Air Mobility Inc (NASDAQ: BLDE) Key Stats
There are currently 77,934K shares outstanding in the company with a market cap of 271.99 million. Presently, the company’s annual sales total 225,180 K according to its annual income of -56,080 K. Last quarter, the company’s sales amounted to 67,950 K and its income totaled -11,330 K.