Blade Air Mobility Inc (NASDAQ:BLDE) has a beta value of 1.15 and has seen 1.07 million shares traded in the last trading session. The company, currently valued at $368.07M, closed the last trade at $4.70 per share which meant it lost -$0.21 on the day or -4.28% during that session. The BLDE stock price is -10.0% off its 52-week high price of $5.17 and 47.87% above the 52-week low of $2.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.94 million shares traded. The 3-month trading volume is 950.50K shares.
Blade Air Mobility Inc (NASDAQ:BLDE) trade information
Sporting -4.28% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BLDE stock price touched $4.70 or saw a rise of 8.56%. Year-to-date, Blade Air Mobility Inc shares have moved 10.59%, while the 5-day performance has seen it change 7.31%. Over the past 30 days, the shares of Blade Air Mobility Inc (NASDAQ:BLDE) have changed 7.06%. Short interest in the company has seen 3.02 million shares shorted with days to cover at 2.1.
Blade Air Mobility Inc (BLDE) estimates and forecasts
Figures show that Blade Air Mobility Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 36.23% over the past 6 months, with this year growth rate of 31.25%, compared to 16.50% for the industry.
BLDE Dividends
Blade Air Mobility Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Blade Air Mobility Inc (NASDAQ:BLDE)’s Major holders
Insiders own 8.67% of the company shares, while shares held by institutions stand at 74.41% with a share float percentage of 81.48%. Investors are also buoyed by the number of investors in a company, with Blade Air Mobility Inc having a total of 168.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 6.44 million shares worth more than $22.42 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 8.6906% of shares outstanding.
The other major institutional holder is SUMITOMO MITSUI TRUST HOLDINGS, INC., with the holding of over 4.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $14.13 million and represent 5.4765% of shares outstanding.
