Can BlackSky Technology Inc’s (BKSY) hike of 4.60% in a week be considered a lucky break?

On Friday, BlackSky Technology Inc (NYSE: BKSY) was -3.77% drop from the session before settling in for the closing price of $8.75. A 52-week range for BKSY has been $3.86 – $14.16.

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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%. When this article was written, the company’s average yearly earnings per share was at 32.14%. With a float of $23.73 million, this company’s outstanding shares have now reached $30.78 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 38.7%, operating margin of -44.89%, and the pretax margin is -38.09%.

BlackSky Technology Inc (BKSY) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward BlackSky Technology Inc stocks. The insider ownership of BlackSky Technology Inc is 24.55%, while institutional ownership is 46.61%. 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) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.23 earnings per share (EPS) during the time that was better than consensus figure (set at -0.72) by 0.49. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.41 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 32.14% per share during the next fiscal year.

BlackSky Technology Inc (NYSE: BKSY) Trading Performance Indicators

You can see what BlackSky Technology Inc (BKSY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.33.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.28, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach -1.27 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 1.58 million was superior to 0.29 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.07%. Additionally, its Average True Range was 0.73.

During the past 100 days, BlackSky Technology Inc’s (BKSY) raw stochastic average was set at 67.26%, which indicates a significant decrease from 71.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.10% in the past 14 days, which was higher than the 99.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.27, while its 200-day Moving Average is $8.81. Now, the first resistance to watch is $8.86. This is followed by the second major resistance level at $9.30. The third major resistance level sits at $9.65. If the price goes on to break the first support level at $8.07, it is likely to go to the next support level at $7.72. The third support level lies at $7.28 if the price breaches the second support level.

BlackSky Technology Inc (NYSE: BKSY) Key Stats

There are 30,779K outstanding shares of the company, which has a market capitalization of 249.39 million. As of now, sales total 94,490 K while income totals -53,860 K. Its latest quarter income was 22,550 K while its last quarter net income were -12,590 K.