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The price of Blade Air Mobility Inc (NASDAQ: BLDE) closed at $3.66 in the last session, up 4.87% from day before closing price of $3.49. In other words, the price has increased by $4.87 from its previous closing price. On the day, 1.16 million shares were traded. BLDE stock price reached its highest trading level at $3.76 during the session, while it also had its lowest trading level at $3.3899.
Ratios:
We take a closer look at BLDE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 12 ’24 when Tomkiel Melissa M. sold 44,621 shares for $3.40 per share. The transaction valued at 151,537 led to the insider holds 1,173,003 shares of the business.
MELISSA TOMKIEL bought 44,621 shares of BLDE for $170,898 on Nov 12 ’24. On Sep 11 ’24, another insider, Cohen Amir, who serves as the Chief Accounting Officer of the company, sold 4,891 shares for $2.85 each. As a result, the insider received 13,939 and left with 74,591 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 285238784 and an Enterprise Value of -22256398. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at -0.331 whereas that against EBITDA is 0.722.
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 $2.45. The 50-Day Moving Average of the stock is 8.06%, while the 200-Day Moving Average is calculated to be 11.73%.
Shares Statistics:
According to the various share statistics, BLDE traded on average about 476.85K shares per day over the past 3-months and 653790 shares per day over the past 10 days. A total of 75.13M shares are outstanding, with a floating share count of 53.52M. Insiders hold about 31.33% of the company’s shares, while institutions hold 51.62% stake in the company. Shares short for BLDE as of 1730332800 were 3571289 with a Short Ratio of 7.49, compared to 1727654400 on 3729681. Therefore, it implies a Short% of Shares Outstanding of 3571289 and a Short% of Float of 7.17.
