In yesterday’s Wall Street session, BlackSky Technology Inc (NYSE:BKSY) shares traded at $1.13, unchanged from the previous session.
BKSY stock price is now -10.83% away from the 50-day moving average and -13.56% away from the 200-day moving average. The market capitalization of the company currently stands at $165.92M.
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With the price target of $2.50, H.C. Wainwright recently initiated with Buy rating for BlackSky Technology Inc (NYSE: BKSY). On July 06, 2023, Craig Hallum recently initiated its ‘Buy’ rating on the stock quoting a target price of $2.50, while ‘Deutsche Bank’ rates the stock as ‘Buy’
A total of 17.46% of the company’s stock is owned by insiders.
During the past 12 months, BlackSky Technology Inc has had a low of $1.04 and a high of $2.37. As of last week, the company has a debt-to-equity ratio of 1.13, a current ratio of 4.02, and a quick ratio of 4.02. The fifty day moving average price for BKSY is $1.2634 and a two-hundred day moving average price translates $1.3045 for the stock.
The latest earnings results from BlackSky Technology Inc (NYSE: BKSY) was released for 2024-03-31. According to the Scientific & Technical Instruments Company, earnings per share came in at -0.23, missing analysts’ expectations of -0.12 by -0.11. This compares to -$0.14 EPS in the same period last year. The net profit margin was -52.24% and return on equity was -52.25% for BKSY. The company reported revenue of $24.24 million for the quarter, compared to $18.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.74 percent. For the current quarter, analysts expect BKSY to generate $25.6M in revenue.
