Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of BlackSky Technology Inc (NYSE: BKSY) closed at $6.87 in the last session, down -0.29% from day before closing price of $6.89. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 0.78 million shares were traded. BKSY stock price reached its highest trading level at $7.23 during the session, while it also had its lowest trading level at $6.72.
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 4.19 and its Current Ratio is at 4.19. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.50.
Upgrades & Downgrades
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 207484304 and an Enterprise Value of 200050640. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 1.888 whereas that against EBITDA is 611.776.
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 6.65%, while the 200-Day Moving Average is calculated to be -23.04%.
Shares Statistics:
According to the various share statistics, BKSY traded on average about 619.45K shares per day over the past 3-months and 989290 shares per day over the past 10 days. A total of 30.11M shares are outstanding, with a floating share count of 22.72M. Insiders hold about 24.55% of the company’s shares, while institutions hold 16.20% stake in the company. Shares short for BKSY as of 1728950400 were 1747200 with a Short Ratio of 2.82, compared to 1726185600 on 820695. Therefore, it implies a Short% of Shares Outstanding of 1747200 and a Short% of Float of 6.959999999999999.
