BlackSky Technology Inc [NYSE: BKSY] surged by $0.86 during the normal trading session on while it closed the day at $14.02.
BlackSky Technology Inc stock has also gained 15.96% of its value over the past 7 days. However, BKSY stock has inclined by 116.02% in the 3 months of the year. Over the past six months meanwhile, it has gained 49.79% and gained 29.94% year-on date.
The market cap for BKSY stock reached $431.52 million, with 30.48 million shares outstanding and 23.90 million shares in the current float. Compared to the average trading volume of 1.15M shares, BKSY reached a trading volume of 7974263 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about BlackSky Technology Inc [BKSY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BKSY shares is $12.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BKSY 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.
Craig Hallum have made an estimate for BlackSky Technology Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 04, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Outperform. The new note on the price target was released on October 02, 2024, representing the official price target for BlackSky Technology Inc stock. Previously, the target price had yet another raise to $2.50, while H.C. Wainwright analysts kept a Buy rating on BKSY stock.
The Average True Range (ATR) for BlackSky Technology Inc is set at 1.42, with the Price to Sales ratio for BKSY stock in the period of the last 12 months amounting to 4.02. The Price to Book ratio for the last quarter was 3.88, with the Price to Cash per share for the same quarter was set at 2.09.
BKSY stock trade performance evaluation
BlackSky Technology Inc [BKSY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.96. With this latest performance, BKSY shares gained by 27.69% in over the last four-week period, additionally plugging by 49.79% over the last 6 months – not to mention a rise of 33.78% 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 BKSY stock in for the last two-week period is set at 63.23, with the RSI for the last a single of trading hit 65.24, and the three-weeks RSI is set at 61.85 for BlackSky Technology Inc [BKSY]. The present Moving Average for the last 50 days of trading for this stock 10.88, while it was recorded at 13.15 for the last single week of trading, and 8.76 for the last 200 days.
BlackSky Technology Inc [BKSY]: An insightful look at the core fundamentals
BlackSky Technology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.68 and a Current Ratio set at 5.68.
BlackSky Technology Inc [BKSY]: Institutional Ownership
There are presently around $55.52%, or 61.95%% of BKSY stock, in the hands of institutional investors. The top three institutional holders of BKSY stocks are: CERCANO MANAGEMENT LLC with ownership of 9.95 million shares, which is approximately 7.0409%. BLACKROCK INC., holding 6.95 million shares of the stock with an approximate value of $$7.43 million in BKSY stocks shares; and BLACKROCK INC., currently with $$5.58 million in BKSY stock with ownership which is approximately 3.6922%.
