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As of close of business last night, Blade Air Mobility Inc’s stock clocked out at $3.18, up 1.92% from its previous closing price of $3.12. In other words, the price has increased by $1.92 from its previous closing price. On the day, 0.52 million shares were traded. BLDE stock price reached its highest trading level at $3.205 during the session, while it also had its lowest trading level at $3.1.
Ratios:
To gain a deeper understanding of BLDE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.04 and its Current Ratio is at 6.04. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 10 ’24 when Love Reginald bought 5,091 shares for $2.98 per share. The transaction valued at 15,197 led to the insider holds 62,628 shares of the business.
Cohen Amir sold 11,008 shares of BLDE for $33,550 on Jun 10 ’24. The Chief Accounting Officer now owns 84,374 shares after completing the transaction at $3.05 per share. On Jun 10 ’24, another insider, Borthwick John, who serves as the Director of the company, bought 7,743 shares for $2.97 each. As a result, the insider paid 22,996 and bolstered with 83,817 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 247830432 and an Enterprise Value of -56223164. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at -0.837 whereas that against EBITDA is 1.825.
Stock Price History:
Over the past 52 weeks, BLDE has reached a high of $4.24, while it has fallen to a 52-week low of $2.06. The 50-Day Moving Average of the stock is -2.20%, while the 200-Day Moving Average is calculated to be -1.71%.
Shares Statistics:
It appears that BLDE traded 567.46K shares on average per day over the past three months and 436890 shares per day over the past ten days. A total of 75.13M shares are outstanding, with a floating share count of 49.30M. Insiders hold about 36.74% of the company’s shares, while institutions hold 50.46% stake in the company. Shares short for BLDE as of 1722384000 were 4300436 with a Short Ratio of 7.58, compared to 1719532800 on 4312924. Therefore, it implies a Short% of Shares Outstanding of 4300436 and a Short% of Float of 8.63.
