The stock of BigBear.ai Holdings Inc (NYSE:BBAI) last traded at $1.82, down -7.14% from the previous session.
BBAI stock price is now 13.82% away from the 50-day moving average and 6.18% away from the 200-day moving average. The market capitalization of the company currently stands at $456.07M.
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With the price target of $3, Cantor Fitzgerald recently initiated with Overweight rating for BigBear.ai Holdings Inc (NYSE: BBAI). On October 02, 2023, TD Cowen recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $2, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, BBAI Ultimate Holdings, LLC, 10% Owner bought 3,953,626 shares of the company’s stock on Nov 12 ’24. The stock was bought for $7,749,107 at an average price of $1.96. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, Director BBAI Ultimate Holdings, LLC sold 1,175,196 shares of the business’s stock. A total of $2,068,345 was realized by selling the stock at an average price of $1.76. This leaves the insider owning 140,190,665 shares of the company worth $255.15 million. A total of 59.63% of the company’s stock is owned by insiders.
During the past 12 months, BigBear.ai Holdings Inc has had a low of $1.16 and a high of $4.80. As of last week, the company has a debt-to-equity ratio of 2.09, a current ratio of 2.06, and a quick ratio of 2.06. The fifty day moving average price for BBAI is $1.5914 and a two-hundred day moving average price translates $1.71415 for the stock.
The latest earnings results from BigBear.ai Holdings Inc (NYSE: BBAI) was released for 2024-09-30. The net profit margin was -109.90% and return on equity was -738.19% for BBAI. The company reported revenue of $41.51 million for the quarter, compared to $33.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.12 percent.
