Blade Air Mobility Inc (NASDAQ: BLDE) on Monday, plunged -7.05% from the previous trading day, before settling in for the closing price of $3.12. Within the past 52 weeks, BLDE’s price has moved between $2.45 and $5.17.
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Annual sales at Industrials sector company grew by 60.83% over the past five years. The company achieved an average annual earnings per share of 54.55%. With a float of $55.73 million, this company’s outstanding shares have now reached $78.31 million.
Let’s look at the performance matrix of the company that is accounted for 281 employees. In terms of profitability, gross margin is 22.89%, operating margin of -25.3%, and the pretax margin is -21.76%.
Blade Air Mobility Inc (BLDE) Insider and Institutional Ownership
Observing investor behavior towards Airports & Air Services industry stocks is more important than anything else. The insider ownership of Blade Air Mobility Inc is 28.84%, while institutional ownership is 52.26%. The most recent insider transaction that took place on Jan 06 ’25, was worth 520,517. In this transaction Chief Financial Officer of this company sold 103,670 shares at a rate of $5.02, taking the stock ownership to the 1,223,120 shares. Before that another transaction happened on Jan 07 ’25, when Company’s Chief Financial Officer sold 900 for $5.00, making the entire transaction worth $4,503. This insider now owns 1,222,220 shares in total.
Blade Air Mobility Inc (BLDE) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.55% per share during the next fiscal year.
Blade Air Mobility Inc (NASDAQ: BLDE) Trading Performance Indicators
Blade Air Mobility Inc (BLDE) is currently performing well based on its current performance indicators. A quick ratio of 6.32 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.28 in one year’s time.
Technical Analysis of Blade Air Mobility Inc (BLDE)
Blade Air Mobility Inc (NASDAQ: BLDE) saw its 5-day average volume 0.61 million, a negative change from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 15.94%. Additionally, its Average True Range was 0.23.
During the past 100 days, Blade Air Mobility Inc’s (BLDE) raw stochastic average was set at 2.99%, which indicates a significant decrease from 6.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.44% in the past 14 days, which was lower than the 71.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.84, while its 200-day Moving Average is $3.51. Nevertheless, the first resistance level for the watch stands at $3.00 in the near term. At $3.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.19. If the price goes on to break the first support level at $2.81, it is likely to go to the next support level at $2.73. The third support level lies at $2.62 if the price breaches the second support level.
Blade Air Mobility Inc (NASDAQ: BLDE) Key Stats
Market capitalization of the company is 227.11 million based on 78,314K outstanding shares. Right now, sales total 225,180 K and income totals -56,080 K. The company made 74,880 K in profit during its latest quarter, and -1,950 K in sales during its previous quarter.
