BlackSky Technology Inc (BKSY) Outlook Starting To Look Brighter?

BlackSky Technology Inc (BKSY) concluded trading on Thursday at a closing price of $10.01, with 3.86 million shares of worth about $38.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.73% during that period and on March 06, 2025 the price saw a loss of about -24.17%. Currently the company’s common shares owned by public are about 30.48M shares, out of which, 25.20M shares are available for trading.

Stock saw a price change of -30.82% in past 5 days and over the past one month there was a price change of -43.45%. Year-to-date (YTD), BKSY shares are showing a performance of -7.23% which decreased to -17.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.86 but also hit the highest price of $21.92 during that period. The average intraday trading volume for BlackSky Technology Inc shares is 1.56 million. The stock is currently trading -36.46% below its 20-day simple moving average (SMA20), while that difference is down -26.28% for SMA50 and it goes to 5.15% higher than SMA200.

BlackSky Technology Inc (NYSE: BKSY) currently have 30.48M outstanding shares and institutions hold larger chunk of about 47.47% of that.

The stock has a current market capitalization of $308.10M and its 3Y-monthly beta is at 1.44. It has posted earnings per share of -$2.28 in the same period. It has Quick Ratio of 5.68 while making debt-to-equity ratio of 0.96. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BKSY, volatility over the week remained 12.97% while standing at 10.74% over the month.

Stock’s fiscal year EPS is expected to rise by 48.57% while it is estimated to increase by 45.18% in next year. EPS is likely to grow at an annualized rate of 60.82% for next 5-years, compared to annual growth of -476.39% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on October 04, 2024 offering a Buy rating for the stock and assigned a target price of $10 to it. Coverage by Oppenheimer stated BlackSky Technology Inc (BKSY) stock as an Outperform in their note to investors on October 02, 2024, suggesting a price target of $10 for the stock. On April 03, 2024, H.C. Wainwright Initiated their recommendations, while on July 06, 2023, Craig Hallum Initiated their ratings for the stock with a price target of $2.50. Stock get a Buy rating from Deutsche Bank on November 07, 2022.

Most Popular

Related Posts