In last trading session, Blade Air Mobility Inc (NASDAQ:BLDE) saw 1.65 million shares changing hands with its beta currently measuring 1.14. Company’s recent per share price level of $4.01 trading at -$0.02 or -0.50% at ring of the bell on the day assigns it a market valuation of $314.04M. That closing price of BLDE’s stock is at a discount of -28.93% from its 52-week high price of $5.17 and is indicating a premium of 38.9% from its 52-week low price of $2.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.18 million shares which gives us an average trading volume of 852.36K if we extend that period to 3-months.
Blade Air Mobility Inc (NASDAQ:BLDE) trade information
Upright in the red during last session for losing -0.50%, in the last five days BLDE remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $4.01 price level, adding 9.89% to its value on the day. Blade Air Mobility Inc’s shares saw a change of 13.60% in year-to-date performance and have moved -7.39% in past 5-day. Blade Air Mobility Inc (NASDAQ:BLDE) showed a performance of 29.35% in past 30-days. Number of shares sold short was 3.13 million shares which calculate 2.92 days to cover the short interests.
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 added 24.92% of value to its shares in past 6 months, showing an annual growth rate of 31.25% while that of industry is 16.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Blade Air Mobility Inc (NASDAQ:BLDE)’s Major holders
Insiders are in possession of 7.94% of company’s total shares while institution are holding 74.80 percent of that, with stock having share float percentage of 81.25%. Investors also watch the number of corporate investors in a company very closely, which is 74.80% 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 6.44 million shares of worth $22.42 million. And as of 2024-06-30, it was holding 8.6906 of the company’s outstanding shares.
The second largest institutional holder is SUMITOMO MITSUI TRUST HOLDINGS, INC., which was holding about 4.06 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4765 of outstanding shares, having a total worth of $14.13 million.
