Bridger Aerospace Group Holdings Inc Shares Rise 39.15% From The Lows – But Will They Continue?

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In last trading session, Bridger Aerospace Group Holdings Inc (NASDAQ:BAER) saw 0.53 million shares changing hands with its beta currently measuring -0.22. Company’s recent per share price level of $2.81 trading at $0.05 or 1.81% at ring of the bell on the day assigns it a market valuation of $152.26M. That closing price of BAER’s stock is at a discount of -123.84% from its 52-week high price of $6.29 and is indicating a premium of 39.15% from its 52-week low price of $1.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.79 million shares which gives us an average trading volume of 1.40 million if we extend that period to 3-months.

Bridger Aerospace Group Holdings Inc (NASDAQ:BAER) trade information

Upright in the green during last session for gaining 1.81%, in the last five days BAER remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $2.81 price level, adding 6.33% to its value on the day. Bridger Aerospace Group Holdings Inc’s shares saw a change of 31.92% in year-to-date performance and have moved -8.47% in past 5-day. Bridger Aerospace Group Holdings Inc (NASDAQ:BAER) showed a performance of 35.10% in past 30-days. Number of shares sold short was 1.74 million shares which calculate 0.48 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.25 to the stock, which implies a rise of 46.48% to its current value. Analysts have been projecting 5.25 as a low price target for the stock while placing it at a high target of 5.25. It follows that stock’s current price would drop -86.83% in reaching the projected high whereas dropping to the targeted low would mean a loss of -86.83% for stock’s current value.

Bridger Aerospace Group Holdings Inc (BAER) estimates and forecasts

This year revenue growth is estimated to rise 39.11% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 9.7M for the same.

Bridger Aerospace Group Holdings Inc (NASDAQ:BAER)’s Major holders

Insiders are in possession of 52.28% of company’s total shares while institution are holding 28.72 percent of that, with stock having share float percentage of 60.19%. Investors also watch the number of corporate investors in a company very closely, which is 28.72% institutions for Bridger Aerospace Group Holdings Inc that are currently holding shares of the company.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 165.43 shares of worth $0.46 million or 0.31% of the total outstanding shares. The later fund manager was in possession of 120.17 shares on Oct 31, 2024 , making its stake of worth around $0.34 million in the company or a holder of 0.22% of company’s stock.