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In the latest session, Blade Air Mobility Inc (NASDAQ: BLDE) closed at $2.95 up 2.43% from its previous closing price of $2.88. In other words, the price has increased by $2.43 from its previous closing price. On the day, 0.44 million shares were traded. BLDE stock price reached its highest trading level at $3.04 during the session, while it also had its lowest trading level at $2.89.
Ratios:
For a deeper understanding of Blade Air Mobility Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.04 and its Current Ratio is at 6.04. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 11 ’24 when Cohen Amir sold 4,891 shares for $2.85 per share. The transaction valued at 13,939 led to the insider holds 74,591 shares of the business.
Wunsch Scott M sold 7,741 shares of BLDE for $22,062 on Sep 11 ’24. The CEO, Trinity Air Medical now owns 284,962 shares after completing the transaction at $2.85 per share. On Jun 10 ’24, another insider, Love Reginald, who serves as the Director of the company, bought 5,091 shares for $2.98 each. As a result, the insider paid 15,197 and bolstered with 62,628 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 229905584 and an Enterprise Value of -72498904. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at -1.08 whereas that against EBITDA is 2.353.
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 $2.06. The 50-Day Moving Average of the stock is -5.71%, while the 200-Day Moving Average is calculated to be -8.23%.
Shares Statistics:
For the past three months, BLDE has traded an average of 578.59K shares per day and 546840 over the past ten days. A total of 75.13M shares are outstanding, with a floating share count of 49.69M. Insiders hold about 36.24% of the company’s shares, while institutions hold 50.60% stake in the company. Shares short for BLDE as of 1726185600 were 3893324 with a Short Ratio of 6.73, compared to 1723680000 on 4283494. Therefore, it implies a Short% of Shares Outstanding of 3893324 and a Short% of Float of 7.8099996.
