In yesterday’s Wall Street session, BigBear.ai Holdings Inc (NYSE:BBAI) shares traded at $8.72, up 1.51% from the previous session.
BBAI stock price is now 125.15% away from the 50-day moving average and 309.34% away from the 200-day moving average. The market capitalization of the company currently stands at $2.19B.
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With the price target enhanced from $3 to $7, H.C. Wainwright maintained Buy rating for BigBear.ai Holdings Inc (NYSE: BBAI). On January 09, 2024, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $3, while ‘TD Cowen’ rates the stock as ‘Market Perform’
In other news, AMANDA B LONG, Officer bought 200,000 shares of the company’s stock on Feb 10 ’25. The stock was bought for $1,839,440 at an average price of $9.20. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 05 ’25, Officer AMANDA B LONG bought 200,000 shares of the business’s stock. A total of $1,090,000 was incurred on buying the stock at an average price of $5.45. A total of 31.24% 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 $9.31. 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 $3.7436 and a two-hundred day moving average price translates $2.0952 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. For the current quarter, analysts expect BBAI to generate $54.62M in revenue.
