In yesterday’s Wall Street session, BigBear.ai Holdings Inc (NYSE:BBAI) shares traded at $3.19, up 2.57% from the previous session.
BBAI stock price is now 45.44% away from the 50-day moving average and 83.71% away from the 200-day moving average. The market capitalization of the company currently stands at $881.57M.
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, Director sold 153,250 shares of the company’s stock on Dec 19 ’24. The stock was sold for $556,298 at an average price of $3.63. Upon completion of the transaction, the Director now directly owns 70,233,518 shares in the company, valued at $224.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 19 ’24, 10% Owner BBAI Ultimate Holdings, LLC bought 153,250 shares of the business’s stock. A total of $479,672 was incurred on buying the stock at an average price of $3.13. A total of 31.07% 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 $2.1618 and a two-hundred day moving average price translates $1.73335 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.
