In last trading session, Blade Air Mobility Inc (NASDAQ:BLDE) saw 0.38 million shares changing hands with its beta currently measuring 1.10. Company’s recent per share price level of $3.04 trading at $0.02 or 0.66% at ring of the bell on the day assigns it a market valuation of $236.91M. That closing price of BLDE’s stock is at a discount of -39.47% from its 52-week high price of $4.24 and is indicating a premium of 32.24% from its 52-week low price of $2.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.69 million shares which gives us an average trading volume of 569.18K if we extend that period to 3-months.
Blade Air Mobility Inc (NASDAQ:BLDE) trade information
Upright in the green during last session for gaining 0.66%, in the last five days BLDE remained trading in the green while hitting it’s week-highest on Friday, 08/16/24 when the stock touched $3.04 price level, adding 0.98% to its value on the day. Blade Air Mobility Inc’s shares saw a change of -13.88% in year-to-date performance and have moved 1.00% in past 5-day. Blade Air Mobility Inc (NASDAQ:BLDE) showed a performance of -15.79% in past 30-days. Number of shares sold short was 4.3 million shares which calculate 6.17 days to cover the short interests.
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Blade Air Mobility Inc (BLDE) estimates and forecasts
Statistics highlight that Blade Air Mobility Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -9.52% of value to its shares in past 6 months, showing an annual growth rate of 25.00% while that of industry is 15.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 10.10% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 73.96M for the same. And 4 analysts are in estimates of company making revenue of 54.64M in the next quarter.
Blade Air Mobility Inc (NASDAQ:BLDE)’s Major holders
Insiders are in possession of 11.43% of company’s total shares while institution are holding 70.96 percent of that, with stock having share float percentage of 80.11%. Investors also watch the number of corporate investors in a company very closely, which is 70.96% institutions for Blade Air Mobility Inc that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at BLDE for having 6.21 million shares of worth $17.71 million. And as of 2024-03-31, it was holding 8.3801 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.02 million shares on 2024-03-31. The number of shares represents firm’s hold over 5.4263 of outstanding shares, having a total worth of $11.47 million.
On the other hand, ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and ARK ETF Tr-ARK Space Exploration & Innovation ETF are the top two Mutual Funds which own company’s shares. As of Jul 31, 2024 , the former fund manager was holding 5.31 shares of worth $16.15 million or 6.82% of the total outstanding shares. The later fund manager was in possession of 1.92 shares on Jul 31, 2024 , making its stake of worth around $5.84 million in the company or a holder of 2.46% of company’s stock.
