Upward Trajectory: BlackSky Technology Inc (BKSY) Posts a Gaine, Closing at 1.30

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The closing price of BlackSky Technology Inc (NYSE: BKSY) was $1.30 for the day, up 3.17% from the previous closing price of $1.26. In other words, the price has increased by $3.17 from its previous closing price. On the day, 0.52 million shares were traded. BKSY stock price reached its highest trading level at $1.3599 during the session, while it also had its lowest trading level at $1.24.

Ratios:

Our analysis of BKSY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.93.

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, H.C. Wainwright on April 03, 2024, initiated with a Buy rating and assigned the stock a target price of $2.50.

On July 06, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $2.50.

On November 07, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $3.Deutsche Bank initiated its Buy rating on November 07, 2022, with a $3 target price.

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 190869904 and an Enterprise Value of 224793504. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 2.379 whereas that against EBITDA is -17.913.

Stock Price History:

Over the past 52 weeks, BKSY has reached a high of $2.37, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -3.45%, while the 200-Day Moving Average is calculated to be -4.13%.

Shares Statistics:

BKSY traded an average of 624.61K shares per day over the past three months and 363130 shares per day over the past ten days. A total of 142.84M shares are outstanding, with a floating share count of 96.47M. Insiders hold about 34.30% of the company’s shares, while institutions hold 26.04% stake in the company. Shares short for BKSY as of 1713139200 were 5813670 with a Short Ratio of 9.31, compared to 1710460800 on 6052659. Therefore, it implies a Short% of Shares Outstanding of 5813670 and a Short% of Float of 5.4399999999999995.

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