Market Highlights: BlackSky Technology Inc (BKSY) Ends on a Low Note at 7.58

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of BlackSky Technology Inc (NYSE: BKSY) closed at $7.58 in the last session, down -5.84% from day before closing price of $8.05. In other words, the price has decreased by -$5.84 from its previous closing price. On the day, 1.4 million shares were traded. BKSY stock price reached its highest trading level at $8.34 during the session, while it also had its lowest trading level at $7.3.

Ratios:

We take a closer look at BKSY’s different ratios to gain a better understanding of the stock. 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:

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 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 233304064 and an Enterprise Value of 273598560. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 2.551 whereas that against EBITDA is 190.794.

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 21.17%, while the 200-Day Moving Average is calculated to be -14.41%.

Shares Statistics:

According to the various share statistics, BKSY traded on average about 694.19K shares per day over the past 3-months and 1095740 shares per day over the past 10 days. A total of 30.78M shares are outstanding, with a floating share count of 23.22M. Insiders hold about 24.55% of the company’s shares, while institutions hold 16.90% stake in the company. Shares short for BKSY as of 1728950400 were 1747200 with a Short Ratio of 2.52, compared to 1726185600 on 820695. Therefore, it implies a Short% of Shares Outstanding of 1747200 and a Short% of Float of 6.959999999999999.

Most Popular