A look at BlackSky Technology Inc’s (BKSY) recent performance gives investors their first glimpse of hope.

BlackSky Technology Inc (NYSE: BKSY) on Tuesday, soared 2.78% from the previous trading day, before settling in for the closing price of $11.52. Within the past 52 weeks, BKSY’s price has moved between $3.86 and $21.92.

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During the last 5-year period, the sales growth of Industrials Sector giant was 41.13%. The company achieved an average annual earnings per share of 47.48%. With a float of $25.63 million, this company’s outstanding shares have now reached $31.36 million.

Let’s determine the extent of company efficiency that accounts for 340 employees. In terms of profitability, gross margin is 43.0%, operating margin of -28.9%, and the pretax margin is -50.18%.

BlackSky Technology Inc (BKSY) Insider Activity

Observing investor behavior towards Specialty Business Services industry stocks is more important than anything else. The insider ownership of BlackSky Technology Inc is 19.03%, while institutional ownership is 48.49%. The most recent insider transaction that took place on Dec 12 ’24, was worth 4,058. In this transaction Director of this company sold 381 shares at a rate of $10.65, taking the stock ownership to the 58,551 shares. Before that another transaction happened on Dec 12 ’24, when Company’s Director sold 481 for $10.65, making the entire transaction worth $5,123. This insider now owns 49,009 shares in total.

BlackSky Technology Inc (BKSY) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 47.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 61.34% during the next five years compared to -12.83% drop over the previous five years of trading.

BlackSky Technology Inc (NYSE: BKSY) Trading Performance Indicators

BlackSky Technology Inc (BKSY) is currently performing well based on its current performance indicators. A quick ratio of 3.79 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 3.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.60, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -0.97 in one year’s time.

Technical Analysis of BlackSky Technology Inc (BKSY)

Looking closely at BlackSky Technology Inc (NYSE: BKSY), its last 5-days average volume was 1.25 million, which is a drop from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 82.07%. Additionally, its Average True Range was 0.83.

During the past 100 days, BlackSky Technology Inc’s (BKSY) raw stochastic average was set at 36.08%, which indicates a significant decrease from 83.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.03% in the past 14 days, which was higher than the 114.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.72, while its 200-day Moving Average is $9.51. However, in the short run, BlackSky Technology Inc’s stock first resistance to watch stands at $12.06. Second resistance stands at $12.28. The third major resistance level sits at $12.52. If the price goes on to break the first support level at $11.60, it is likely to go to the next support level at $11.36. Should the price break the second support level, the third support level stands at $11.14.

BlackSky Technology Inc (NYSE: BKSY) Key Stats

Market capitalization of the company is 374.76 million based on 31,652K outstanding shares. Right now, sales total 102,090 K and income totals -57,220 K. The company made 29,540 K in profit during its latest quarter, and -12,810 K in sales during its previous quarter.