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After finishing at $3.16 in the prior trading day, Blade Air Mobility Inc (NASDAQ: BLDE) closed at $3.10, down -1.90%. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 0.56 million shares were traded. BLDE stock price reached its highest trading level at $3.19 during the session, while it also had its lowest trading level at $3.07.
Ratios:
Our goal is to gain a better understanding of BLDE by taking a closer look at its different ratios. 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:
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 Nov 14 ’24 when WIESENTHAL ROBERT S sold 2,100,000 shares for $3.22 per share. The transaction valued at 6,762,000 led to the insider holds 4,812,892 shares of the business.
Robert S Wiesenthal bought 2,100,000 shares of BLDE for $6,762,000 on Nov 14 ’24. On Nov 12 ’24, another insider, Tomkiel Melissa M., who serves as the President and General Counsel of the company, sold 44,621 shares for $3.40 each. As a result, the insider received 151,537 and left with 1,173,003 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 242773392 and an Enterprise Value of -57638448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at -0.858 whereas that against EBITDA is 1.87.
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 -9.00%, while the 200-Day Moving Average is calculated to be -5.47%.
Shares Statistics:
The stock has traded on average 501.51K shares per day over the past 3-months and 836700 shares per day over the last 10 days, according to various share statistics. A total of 75.13M shares are outstanding, with a floating share count of 53.83M. Insiders hold about 31.27% of the company’s shares, while institutions hold 53.51% stake in the company. Shares short for BLDE as of 1730332800 were 3571289 with a Short Ratio of 7.12, compared to 1727654400 on 3729681. Therefore, it implies a Short% of Shares Outstanding of 3571289 and a Short% of Float of 7.17.
