In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Blade Air Mobility Inc (NASDAQ: BLDE) was $4.28 for the day, down -4.04% from the previous closing price of $4.46. In other words, the price has decreased by -$4.04 from its previous closing price. On the day, 1.63 million shares were traded. BLDE stock price reached its highest trading level at $4.65 during the session, while it also had its lowest trading level at $4.13.
Ratios:
Our analysis of BLDE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.32 and its Current Ratio is at 6.32. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Ladenburg Thalmann on July 18, 2023, initiated with a Buy rating and assigned the stock a target price of $13.
On July 17, 2023, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $13.
On September 28, 2021, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $14.Oppenheimer initiated its Outperform rating on September 28, 2021, with a $14 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 29 ’24 when Heyburn William A. sold 23,815 shares for $5.02 per share. The transaction valued at 119,628 led to the insider holds 1,376,111 shares of the business.
Cohen Amir bought 5,150 shares of BLDE for $24,462 on Dec 03 ’24. On Dec 02 ’24, another insider, Cohen Amir, who serves as the Officer of the company, bought 5,000 shares for $4.55 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLDE now has a Market Capitalization of 335183936 and an Enterprise Value of 21617344. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 0.322 whereas that against EBITDA is -0.702.
Stock Price History:
Over the past 52 weeks, BLDE has reached a high of $5.17, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is 20.72%, while the 200-Day Moving Average is calculated to be 29.00%.
Shares Statistics:
BLDE traded an average of 709.76K shares per day over the past three months and 1704490 shares per day over the past ten days. A total of 78.31M shares are outstanding, with a floating share count of 55.91M. Shares short for BLDE as of 1731628800 were 3396318 with a Short Ratio of 4.79, compared to 1728950400 on 3688531. Therefore, it implies a Short% of Shares Outstanding of 3396318 and a Short% of Float of 6.77.
