BlackSky Technology Inc (BKSY) is ready for next Episode as it posted an annual sales of 94,490 K

On Friday, BlackSky Technology Inc (NYSE: BKSY) opened higher 6.67% from the last session, before settling in for the closing price of $10.95. Price fluctuations for BKSY have ranged from $3.86 to $14.16 over the past 52 weeks.

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Annual sales at Technology sector company grew by 39.52% over the past five years. Company’s average yearly earnings per share was noted 33.47% at the time writing. With a float of $23.73 million, this company’s outstanding shares have now reached $30.78 million.

Let’s look at the performance matrix of the company that is accounted for 279 employees. 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 Updates

A key investor’s attitude towards the stock of the Scientific & Technical Instruments industry is another important factor to consider. The insider ownership of BlackSky Technology Inc is 22.91%, while institutional ownership is 46.73%. 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

According to the Wall Street analysts, stocks earnings will be around 33.47% per share during the next fiscal year.

BlackSky Technology Inc (NYSE: BKSY) Trading Performance Indicators

Check out the current performance indicators for BlackSky Technology Inc (BKSY). In the past 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 3.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.28, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -1.14 in one year’s time.

Technical Analysis of BlackSky Technology Inc (BKSY)

BlackSky Technology Inc (NYSE: BKSY) saw its 5-day average volume 1.01 million, a positive change from its year-to-date volume of 0.32 million. As of the previous 9 days, the stock’s Stochastic %D was 78.55%. Additionally, its Average True Range was 0.86.

During the past 100 days, BlackSky Technology Inc’s (BKSY) raw stochastic average was set at 93.43%, which indicates a significant increase from 89.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.44% in the past 14 days, which was lower than the 102.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.04, while its 200-day Moving Average is $8.79. Nevertheless, the first resistance level for the watch stands at $12.18 in the near term. At $12.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.12. If the price goes on to break the first support level at $11.24, it is likely to go to the next support level at $10.79. Assuming the price breaks the second support level, the third support level stands at $10.30.

BlackSky Technology Inc (NYSE: BKSY) Key Stats

There are currently 30,779K shares outstanding in the company with a market cap of 383.47 million. Presently, the company’s annual sales total 94,490 K according to its annual income of -53,860 K. Last quarter, the company’s sales amounted to 22,550 K and its income totaled -12,590 K.