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.
After finishing at $11.71 in the prior trading day, BlackSky Technology Inc (NYSE: BKSY) closed at $10.61, down -9.39%. In other words, the price has decreased by -$9.39 from its previous closing price. On the day, 1.38 million shares were traded. BKSY stock price reached its highest trading level at $11.6595 during the session, while it also had its lowest trading level at $10.21.
Ratios:
Our goal is to gain a better understanding of BKSY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.68 and its Current Ratio is at 5.68. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.96.
On October 02, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.
On April 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $2.50.H.C. Wainwright initiated its Buy rating on April 03, 2024, with a $2.50 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 Sep 10 ’24 when Ward Tracy sold 1,389 shares for $5.86 per share. The transaction valued at 8,140 led to the insider holds 33,793 shares of the business.
O’Toole Brian E sold 24,352 shares of BKSY for $175,091 on Sep 10 ’24. The CEO and President now owns 479,785 shares after completing the transaction at $7.19 per share. On Sep 10 ’24, another insider, Dubois Henry Edward, who serves as the Chief Financial Officer of the company, sold 23,590 shares for $7.19 each. As a result, the insider received 169,612 and left with 231,645 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, BKSY now has a Market Capitalization of 326564128 and an Enterprise Value of 365959008. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.05 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 3.413 whereas that against EBITDA is 255.202.
Stock Price History:
Over the past 52 weeks, BKSY has reached a high of $14.16, while it has fallen to a 52-week low of $3.86. The 50-Day Moving Average of the stock is 46.07%, while the 200-Day Moving Average is calculated to be 20.94%.
Shares Statistics:
The stock has traded on average 963.18K shares per day over the past 3-months and 996270 shares per day over the last 10 days, according to various share statistics. A total of 30.48M shares are outstanding, with a floating share count of 23.73M. Insiders hold about 22.91% of the company’s shares, while institutions hold 46.75% stake in the company. Shares short for BKSY as of 1731628800 were 1480120 with a Short Ratio of 1.54, compared to 1728950400 on 1747200. Therefore, it implies a Short% of Shares Outstanding of 1480120 and a Short% of Float of 5.74.
