BlackSky Technology Inc (NYSE: BKSY) is -12.86% lower on its value in year-to-date trading and has touched a low of $0.86 and a high of $1.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BKSY stock was last observed hovering at around $1.20 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $1.22, the stock is 14.65% and 15.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 1.67% at the moment leaves the stock -1.40% off its SMA200. BKSY registered -13.48% loss for a year compared to 6-month loss of -15.28%.
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The stock witnessed a 7.96% gain in the last 1 month and extending the period to 3 months gives it a 5.17%, and is 24.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.82% over the week and 6.83% over the month.
BlackSky Technology Inc (BKSY) has around 279 employees, a market worth around $181.67M and $105.94M in sales. Profit margin for the company is -26.78%. Distance from 52-week low is 41.83% and -31.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.80%).
with sales reaching $27.18M over the same period.The EPS is expected to grow by 23.21% this year, but quarterly earnings will post 14.20% year-over-year. Quarterly sales are estimated to grow 27.80% in year-over-year returns.
123.0 institutions hold shares in BlackSky Technology Inc (BKSY), with institutional investors hold 43.53% of the company’s shares. The shares outstanding are 142.84M, and float is at 122.75M with Short Float at 4.70%. Institutions hold 37.42% of the Float.
The top institutional shareholder in the company is CERCANO MANAGEMENT LLC with over 9.95 million shares valued at $13.53 million. The investor’s holdings represent 7.0409 of the BKSY Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 7.19 million shares valued at $9.78 million to account for 5.0876 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.29 million shares representing 3.744 and valued at over $7.2 million, while AWM INVESTMENT COMPANY, INC. holds 1.9709 of the shares totaling 2.79 million with a market value of $3.79 million.
