Blade Air Mobility Inc (NASDAQ: BLDE) closed the day trading at $3.59 down -6.27% from the previous closing price of $3.83. On the day, 888991 shares were traded. BLDE stock price reached its highest trading level at $3.8001 during the session, while it also had its lowest trading level at $3.5900.
Ratios:
For a better understanding of BLDE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.81 and its Current Ratio is at 5.81. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 03 ’24 when WIESENTHAL ROBERT S sold 25,418 shares for $3.28 per share. The transaction valued at 83,315 led to the insider holds 7,149,493 shares of the business.
Tomkiel Melissa M. sold 22,836 shares of BLDE for $74,852 on Apr 03 ’24. The President and General Counsel now owns 1,291,121 shares after completing the transaction at $3.28 per share. On Apr 03 ’24, another insider, Heyburn William A., who serves as the Chief Financial Officer of the company, sold 20,552 shares for $3.28 each. As a result, the insider received 67,365 and left with 1,404,468 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 1.15.
Stock Price History:
Over the past 52 weeks, BLDE has reached a high of $4.54, while it has fallen to a 52-week low of $2.06.
Shares Statistics:
A total of 75.13M shares are outstanding, with a floating share count of 45.61M. Insiders hold about 39.54% of the company’s shares, while institutions hold 42.24% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from bluebird bio, Inc. analysts. The consensus estimate for the next quarter is $2.72, with high estimates of $3.59 and low estimates of $182.09.
Analysts are recommending an EPS of between $Industrials and $Industrials for the fiscal current year, implying an average EPS of $Industrials.
