A new trading day began on Friday, with BlackSky Technology Inc (NYSE: BKSY) stock price up 4.77% from the previous day of trading, before settling in for the closing price of $10.27. BKSY’s price has ranged from $3.86 to $14.16 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 39.52%. Meanwhile, its annual earnings per share averaged 33.47%. With a float of $23.73 million, this company’s outstanding shares have now reached $30.48 million.
Considering the fact that the conglomerate employs 279 people, you should pay attention to its efficiency factor. 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 Activity
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 22.91%, while institutional ownership is 46.75%. 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) Earnings and Forecasts
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 33.47% 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 5.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.24.
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)
Compared to the last year’s volume of 0.33 million, its volume of 1.01 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.06%. Additionally, its Average True Range was 0.94.
During the past 100 days, BlackSky Technology Inc’s (BKSY) raw stochastic average was set at 79.81%, which indicates a significant increase from 55.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.22% in the past 14 days, which was lower than the 104.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.63, while its 200-day Moving Average is $8.76. Nevertheless, the first resistance level for the watch stands at $11.17 in the near term. At $11.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.95. If the price goes on to break the first support level at $10.39, it is likely to go to the next support level at $10.01. Should the price break the second support level, the third support level stands at $9.61.
BlackSky Technology Inc (NYSE: BKSY) Key Stats
With a market capitalization of 346.98 million, the company has a total of 30,779K Shares Outstanding. Currently, annual sales are 94,490 K while annual income is -53,860 K. The company’s previous quarter sales were 22,550 K while its latest quarter income was -12,590 K.