A share price of Blade Air Mobility Inc [BLDE] is currently trading at $3.82, up 2.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BLDE shares have gain 6.70% over the last week, with a monthly amount drifted -8.39%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Blade Air Mobility Inc [NASDAQ: BLDE] stock has seen the most recent analyst activity on July 18, 2023, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $13. Previously, Ladenburg Thalmann started tracking the stock with Buy rating on July 17, 2023, and set its price target to $13. On September 28, 2021, Oppenheimer initiated with a Outperform rating and assigned a price target of $14 on the stock. JP Morgan started tracking the stock assigning a Overweight rating and suggested a price target of $16 on September 09, 2021. Deutsche Bank initiated its recommendation with a Buy and recommended $15 as its price target on September 01, 2021. Credit Suisse started tracking with a Outperform rating for this stock on August 26, 2021, and assigned it a price target of $14. In a note dated June 03, 2021, Citigroup initiated an Buy rating and provided a target price of $16 on this stock.
Blade Air Mobility Inc experienced fluctuations in its stock price throughout the past year between $2.45 and $5.17. Blade Air Mobility Inc [NASDAQ: BLDE] shares were valued at $3.82 at the most recent close of the market.
Analyzing the BLDE fundamentals
Trailing Twelve Months sales for Blade Air Mobility Inc [NASDAQ:BLDE] were 241.81M which represents 4.81% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.22 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.65 points at the first support level, and at 3.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.91, and for the 2nd resistance point, it is at 4.01.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Blade Air Mobility Inc [NASDAQ:BLDE] is 6.32. Also, the Quick Ratio is 6.32, while the Cash Ratio stands at 0.74. Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 1.28.
Transactions by insiders
Recent insider trading involved Heyburn William A., Chief Financial Officer, that happened on Jan 06 ’25 when 0.1 million shares were sold. Chief Financial Officer, Heyburn William A. completed a deal on Jan 07 ’25 to sell 900.0 shares. Meanwhile, Director Love Reginald sold 5091.0 shares on Dec 13 ’24.
