Trading Day Triumph: Blade Air Mobility Inc (BLDE) Ends at 4.04, a -3.12 Surge/Plunge

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate 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

Blade Air Mobility Inc (NASDAQ: BLDE) closed the day trading at $4.04 down -3.12% from the previous closing price of $4.17. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 1.08 million shares were traded. BLDE stock price reached its highest trading level at $4.25 during the session, while it also had its lowest trading level at $3.9508.

Ratios:

For a better understanding of BLDE, let’s 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 Dec 13 ’24 when Borthwick John bought 78,291 shares for $3.80 per share.

Love Reginald bought 5,091 shares of BLDE for $20,619 on Dec 13 ’24. On Dec 09 ’24, another insider, Tomkiel Melissa M., who serves as the President and General Counsel of the company, sold 22,486 shares for $5.01 each. As a result, the insider received 112,700 and left with 1,039,140 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 316388544 and an Enterprise Value of 4633960. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 0.069 whereas that against EBITDA is -0.15.

Stock Price History:

Over the past 52 weeks, BLDE has reached a high of $5.17, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is 7.21%, while the 200-Day Moving Average is calculated to be 20.10%.

Shares Statistics:

Over the past 3-months, BLDE traded about 825.10K shares per day on average, while over the past 10 days, BLDE traded about 1409170 shares per day. A total of 78.31M shares are outstanding, with a floating share count of 56.47M. Insiders hold about 28.21% of the company’s shares, while institutions hold 54.37% stake in the company. Shares short for BLDE as of 1732838400 were 3126360 with a Short Ratio of 3.79, compared to 1730332800 on 3571289. Therefore, it implies a Short% of Shares Outstanding of 3126360 and a Short% of Float of 6.23.

Most Popular