Bridger Aerospace Group Holdings Inc [NASDAQ: BAER] stock went on an upward path that rose over 17.56% on Friday, amounting to a one-week price increase of more than 62.38%.
Over the last 12 months, BAER stock dropped by -51.34%. The one-year Bridger Aerospace Group Holdings Inc stock forecast points to a potential upside of 42.96. The average equity rating for BAER stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $177.73 million, with 53.99 million shares outstanding and 13.99 million shares in the current float. Compared to the average trading volume of 250.31K shares, BAER stock reached a trading volume of 51549405 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Bridger Aerospace Group Holdings Inc [BAER]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BAER shares is $5.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BAER stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for Bridger Aerospace Group Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 24, 2024.
The Average True Range (ATR) for Bridger Aerospace Group Holdings Inc is set at 0.36, with the Price to Sales ratio for BAER stock in the period of the last 12 months amounting to 2.11. Price to Free Cash Flow for BAER in the course of the last twelve months was 19.60 with Quick ratio for the last quarter at 3.38.
BAER Stock Performance Analysis:
Bridger Aerospace Group Holdings Inc [BAER] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 62.38. With this latest performance, BAER shares gained by 34.43% in over the last four-week period, additionally sinking by -2.38% over the last 6 months – not to mention a drop of -51.34% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BAER stock in for the last two-week period is set at 74.74, with the RSI for the last a single of trading hit 84.32, and the three-weeks RSI is set at 67.15 for Bridger Aerospace Group Holdings Inc [BAER]. The present Moving Average for the last 50 days of trading for this stock 2.72, while it was recorded at 2.63 for the last single week of trading, and 3.33 for the last 200 days.
Insight into Bridger Aerospace Group Holdings Inc Fundamentals:
Bridger Aerospace Group Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.38 and a Current Ratio set at 3.42.
Bridger Aerospace Group Holdings Inc [BAER] Institutonal Ownership Details
There are presently around $28.73%, or 60.20%% of BAER stock, in the hands of institutional investors.
