Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Blade Air Mobility Inc (NASDAQ: BLDE) closed at $2.80 in the last session, up 2.56% from day before closing price of $2.73. In other words, the price has increased by $2.56 from its previous closing price. On the day, 0.5 million shares were traded. BLDE stock price reached its highest trading level at $2.835 during the session, while it also had its lowest trading level at $2.69.
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 7.07 and its Current Ratio is at 7.07. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Lake Street on February 26, 2025, initiated with a Buy rating and assigned the stock a target price of $6.50.
On July 18, 2023, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $13.
On July 17, 2023, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $13.Ladenburg Thalmann initiated its Buy rating on July 17, 2023, with a $13 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 Jan 06 ’25 when Heyburn William A. sold 103,670 shares for $5.02 per share. The transaction valued at 520,517 led to the insider holds 1,223,120 shares of the business.
Heyburn William A. sold 900 shares of BLDE for $4,503 on Jan 07 ’25. The Chief Financial Officer now owns 1,222,220 shares after completing the transaction at $5.00 per share. On Dec 13 ’24, another insider, Love Reginald, who serves as the Director of the company, sold 5,091 shares for $4.05 each. As a result, the insider received 20,619 and left with 100,363 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 223875120 and an Enterprise Value of -83113520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at -1.238 whereas that against EBITDA is 2.697.
Stock Price History:
The Beta on a monthly basis for BLDE is 1.41, which has changed by -0.16417909 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, BLDE has reached a high of $5.17, while it has fallen to a 52-week low of $2.60. The 50-Day Moving Average of the stock is -18.56%, while the 200-Day Moving Average is calculated to be -20.09%.
Shares Statistics:
According to the various share statistics, BLDE traded on average about 711.51K shares per day over the past 3-months and 516640 shares per day over the past 10 days. A total of 79.42M shares are outstanding, with a floating share count of 56.62M. Insiders hold about 29.18% of the company’s shares, while institutions hold 51.19% stake in the company. Shares short for BLDE as of 1741910400 were 2655271 with a Short Ratio of 3.73, compared to 1739491200 on 2319817. Therefore, it implies a Short% of Shares Outstanding of 2655271 and a Short% of Float of 5.1499999999999995.
