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The closing price of Blade Air Mobility Inc (NASDAQ: BLDE) was $4.15 for the day, down -11.70% from the previous closing price of $4.70. In other words, the price has decreased by -$11.70 from its previous closing price. On the day, 0.91 million shares were traded. BLDE stock price reached its highest trading level at $4.66 during the session, while it also had its lowest trading level at $4.07.
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 Jan 06 ’25 when Heyburn William A. sold 103,670 shares for $5.02 per share. The transaction valued at 520,517 led to the insider holds 1,223,120 shares of the business.
Heyburn William A. sold 900 shares of BLDE for $4,503 on Jan 07 ’25. The Chief Financial Officer now owns 1,222,220 shares after completing the transaction at $5.00 per share. On Dec 13 ’24, another insider, Love Reginald, who serves as the Director of the company, sold 5,091 shares for $4.05 each. As a result, the insider received 20,619 and left with 100,363 shares of the company.
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 325003104 and an Enterprise Value of 12418011. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 0.185 whereas that against EBITDA is -0.403.
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 3.73%, while the 200-Day Moving Average is calculated to be 20.07%.
Shares Statistics:
BLDE traded an average of 960.00K shares per day over the past three months and 928250 shares per day over the past ten days. A total of 78.31M shares are outstanding, with a floating share count of 55.90M. Insiders hold about 28.62% of the company’s shares, while institutions hold 54.39% stake in the company. Shares short for BLDE as of 1734048000 were 3023908 with a Short Ratio of 3.15, compared to 1731628800 on 3396318. Therefore, it implies a Short% of Shares Outstanding of 3023908 and a Short% of Float of 6.02.
