During the last session, Blade Air Mobility Inc (NASDAQ:BLDE)’s traded shares were 0.49 million, with the beta value of the company hitting 1.37. At the end of the trading day, the stock’s price was $3.12, reflecting an intraday loss of -0.64% or -$0.02. The 52-week high for the BLDE share is $5.17, that puts it down -65.71 from that peak though still a striking 21.47% gain since the share price plummeted to a 52-week low of $2.45. The company’s market capitalization is $244.34M, and the average trade volume was 776.85K shares over the past three months.
Blade Air Mobility Inc (NASDAQ:BLDE) trade information
Blade Air Mobility Inc (BLDE) registered a -0.64% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.64% in intraday trading to $3.12, hitting a weekly high. The stock’s 5-day price performance is -7.69%, and it has moved by -19.59% in 30 days. Based on these gigs, the overall price performance for the year is -8.24%.
Blade Air Mobility Inc (BLDE) estimates and forecasts
In the rating firms’ projections, revenue will increase 8.95% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 50.53M as predicted by 5 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 50.95M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 47.48M and 51.51M respectively. In this case, analysts expect current quarter sales to grow by 6.43% and then drop by -1.09% in the coming quarter.
While earnings are projected to return 54.55% in 2025, the next five years will return 34.58% per annum.
BLDE Dividends
Blade Air Mobility Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 3.9 million shares, is of BLACKROCK INC.’s that is approximately 5.2583% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $13.57 million.
Also, the Mutual Funds coming in first place with the largest holdings of Blade Air Mobility Inc (BLDE) shares are ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and ARK ETF Tr-ARK Space Exploration & Innovation ETF . Data provided on Dec 31, 2024 indicates that ARK ETF Tr-ARK Autonomous Technology & Robotics ETF owns about 5.48 shares. This amounts to just over 7.00 percent of the company’s overall shares, with a $17.1 million market value. The same data shows that the other fund manager holds slightly less at 2.41, or about 3.08% of the stock, which is worth about $7.53 million.
