BigBear.ai Holdings Inc (NYSE:BBAI) Falls -2.00%, But An Additional Plunge May Follow.

In recent trading session, BigBear.ai Holdings Inc (NYSE:BBAI) saw 0.72 million shares changing hands at last check today with its beta currently measuring 3.21. Company’s recent per share price level of $1.72 trading at -$0.03 or -2.00% at last check today assigns it a market valuation of $428.87M. That most recent trading price of BBAI’s stock is at a discount of -179.07% from its 52-week high price of $4.80 and is indicating a premium of 32.56% from its 52-week low price of $1.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.03 million shares which gives us an average trading volume of 4.65 million if we extend that period to 3-months.

BigBear.ai Holdings Inc (NYSE:BBAI) trade information

Upright in the red during last session for losing -2.00%, in the last five days BBAI remained trading in the green while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $1.72 price level, adding 11.34% to its value on the day. BigBear.ai Holdings Inc’s shares saw a change of -19.86% in year-to-date performance and have moved 14.33% in past 5-day. BigBear.ai Holdings Inc (NYSE:BBAI) showed a performance of 9.94% in past 30-days. Number of shares sold short was 21.23 million shares which calculate 9.34 days to cover the short interests.

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Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 42.67% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -74.42% in reaching the projected high whereas dropping to the targeted low would mean a loss of -74.42% for stock’s current value.

BigBear.ai Holdings Inc (BBAI) estimates and forecasts

Statistics highlight that BigBear.ai Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 12.09% of value to its shares in past 6 months, showing an annual growth rate of -97.50% while that of industry is 14.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

BigBear.ai Holdings Inc (NYSE:BBAI)’s Major holders

Insiders are in possession of 59.52% of company’s total shares while institution are holding 8.52 percent of that, with stock having share float percentage of 21.04%. Investors also watch the number of corporate investors in a company very closely, which is 8.52% institutions for BigBear.ai Holdings Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at BBAI for having 6.54 million shares of worth $9.87 million. And as of 2024-06-30, it was holding 3.49 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.12 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.664 of outstanding shares, having a total worth of $4.71 million.