BlackSky Technology Inc (NYSE: BKSY) is -6.25% lower on its value in year-to-date trading and has touched a low of $3.86 and a high of $14.16 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 $10.46 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $10.50, the stock is -4.55% and 21.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 0.38% at the moment leaves the stock 20.48% off its SMA200. BKSY registered 0.96% gain for a year compared to 6-month gain of 31.33%. The firm has a 50-day simple moving average (SMA 50) of $8.594 and a 200-day simple moving average (SMA200) of $8.72075.
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The stock witnessed a 9.38% loss in the last 1 month and extending the period to 3 months gives it a 84.21%, and is -0.38% down 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 12.13% over the week and 10.15% over the month.
BlackSky Technology Inc (BKSY) has around 279 employees, a market worth around $323.18M and $107.23M in sales. Profit margin for the company is -38.83%. Distance from 52-week low is 172.02% and -25.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.30%).
with sales reaching $34.23M over the same period.The EPS is expected to grow by 32.81% this year, but quarterly earnings will post 12.14% year-over-year. Quarterly sales are estimated to shrink -3.61% in year-over-year returns.
107.0 institutions hold shares in BlackSky Technology Inc (BKSY), with institutional investors hold 67.23% of the company’s shares. The shares outstanding are 30.48M, and float is at 23.90M with Short Float at 6.41%. Institutions hold 60.27% of the Float.
The top institutional shareholder in the company is CERCANO MANAGEMENT LLC with over 9.95 million shares valued at $10.65 million. The investor’s holdings represent 7.0409 of the BKSY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.95 million shares valued at $7.43 million to account for 4.9153 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.22 million shares representing 3.6922 and valued at over $5.58 million, while AWM INVESTMENT COMPANY, INC. holds 1.9709 of the shares totaling 2.79 million with a market value of $2.98 million.
BlackSky Technology Inc (BKSY) Insider Activity
The most recent transaction is an insider sale by Gordon Susan M., the company’s Director. SEC filings show that Gordon Susan M. sold 381 shares of the company’s common stock on Dec 12 ’24 at a price of $10.65 per share for a total of $4058.0. Following the sale, the insider now owns 58551.0 shares.
BlackSky Technology Inc disclosed in a document filed with the SEC on Dec 12 ’24 that Abraham Magid M (Director) sold a total of 481 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $10.65 per share for $5123.0. Following the transaction, the insider now directly holds 49009.0 shares of the BKSY stock.
Still, SEC filings show that on Dec 12 ’24, DiDomenico David (Director) disposed off 671 shares at an average price of $10.65 for $7146.0. The insider now directly holds 143,303 shares of BlackSky Technology Inc (BKSY).
