In the last trading session, 2.38 million Blade Air Mobility Inc (NASDAQ:BLDE) shares changed hands as the company’s beta touched 1.10. With the company’s per share price at $4.74 changed hands at $0.35 or 7.97% during last session, the market valuation stood at $400.81M. BLDE’s last price was a discount, traded about -1.27% off its 52-week high of $4.80. The share price had its 52-week low at $2.45, which suggests the last value was 48.31% up since then. When we look at Blade Air Mobility Inc’s average trading volume, we note the 10-day average is 1.56 million shares, with the 3-month average coming to 678.32K.
Blade Air Mobility Inc (NASDAQ:BLDE) trade information
Instantly BLDE was in green as seen at the end of in last trading. With action 43.64%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 34.28%, with the 5-day performance at 43.64% in the green. However, in the 30-day time frame, Blade Air Mobility Inc (NASDAQ:BLDE) is 26.74% up. Looking at the short shares, we see there were 3.4 million shares sold at short interest cover period of 5.81 days.
Blade Air Mobility Inc (BLDE) estimates and forecasts
Data shows that the Blade Air Mobility Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 57.48% over the past 6 months, a 31.25% in annual growth rate that is considerably higher than the industry average of 17.80%.
The 2024 estimates are for Blade Air Mobility Inc earnings to increase by 56.52%.
BLDE Dividends
Blade Air Mobility Inc is expected to release its next quarterly earnings report in January.
Blade Air Mobility Inc (NASDAQ:BLDE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.42% of Blade Air Mobility Inc shares while 73.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 80.63%. There are 73.84% institutions holding the Blade Air Mobility Inc stock share, with ARK INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 8.6906% of the shares, roughly 6.44 million BLDE shares worth $22.42 million.
SUMITOMO MITSUI TRUST HOLDINGS, INC. holds the second largest percentage of outstanding shares, with 5.4765% or 4.06 million shares worth $14.13 million as of 2024-06-30.
