A new trading day began on Friday, with Blade Air Mobility Inc (NASDAQ: BLDE) stock price down -5.72% from the previous day of trading, before settling in for the closing price of $2.97. BLDE’s price has ranged from $2.60 to $5.17 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 50.75% over the past five years. Meanwhile, its annual earnings per share averaged 51.60%. With a float of $56.62 million, this company’s outstanding shares have now reached $79.42 million.
Let’s look at the performance matrix of the company that is accounted for 322 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airports & Air Services Industry. The insider ownership of Blade Air Mobility Inc is 29.18%, while institutional ownership is 51.19%. 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
According to the Wall Street analysts, stocks earnings will be around 51.60% per share during the next fiscal year.
Blade Air Mobility Inc (NASDAQ: BLDE) Trading Performance Indicators
Here are Blade Air Mobility Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.10 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 0.48 million, a negative change from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 13.44%. Additionally, its Average True Range was 0.21.
During the past 100 days, Blade Air Mobility Inc’s (BLDE) raw stochastic average was set at 1.25%, which indicates a significant decrease from 3.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.71% in the past 14 days, which was lower than the 71.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.49, while its 200-day Moving Average is $3.51. Nevertheless, the first resistance level for the watch stands at $2.93 in the near term. At $3.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.14. If the price goes on to break the first support level at $2.72, it is likely to go to the next support level at $2.64. The third support level lies at $2.51 if the price breaches the second support level.
Blade Air Mobility Inc (NASDAQ: BLDE) Key Stats
With a market capitalization of 223.88 million, the company has a total of 79,694K Shares Outstanding. Currently, annual sales are 248,690 K while annual income is -27,310 K. The company’s previous quarter sales were 54,360 K while its latest quarter income was -9,790 K.
