BlackSky Technology Inc (NYSE: BKSY)’s stock price has increased by 2.14 compared to its previous closing price of 11.69. However, the company has seen a 20.24% increase in its stock price over the last five trading sessions. businesswire.com reported 2025-01-23 that HERNDON, Va.–(BUSINESS WIRE)—- $BKSY #artificialintelligence–BlackSky ships first Gen-3 satellite for expected February 2025 launch, adding 35-centimeter imagery to company’s dynamic monitoring platform.
Is It Worth Investing in BlackSky Technology Inc (NYSE: BKSY) Right Now?
Company’s 36-month beta value is 1.17.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BKSY is 23.90M, and currently, short sellers hold a 8.80% ratio of that floaft. The average trading volume of BKSY on January 24, 2025 was 1.06M shares.
BKSY’s Market Performance
BKSY stock saw an increase of 20.24% in the past week, with a monthly gain of 13.71% and a quarterly increase of 86.27%. The volatility ratio for the week is 10.67%, and the volatility levels for the last 30 days are 8.77% for BlackSky Technology Inc (BKSY). The simple moving average for the past 20 days is 9.30% for BKSY’s stock, with a 36.99% simple moving average for the past 200 days.
Analysts’ Opinion of BKSY
Many brokerage firms have already submitted their reports for BKSY stocks, with Craig Hallum repeating the rating for BKSY by listing it as a “Buy.” The predicted price for BKSY in the upcoming period, according to Craig Hallum is $10 based on the research report published on October 04, 2024 of the previous year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see BKSY reach a price target of $10. The rating they have provided for BKSY stocks is “Outperform” according to the report published on October 02nd, 2024.
H.C. Wainwright gave a rating of “Buy” to BKSY, setting the target price at $2.50 in the report published on April 03rd of the previous year.
BKSY Trading at 13.75% from the 50-Day Moving Average
After a stumble in the market that brought BKSY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.68% of loss for the given period.
Volatility was left at 8.77%, however, over the last 30 days, the volatility rate increased by 10.67%, as shares surge +11.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +56.08% upper at present.
During the last 5 trading sessions, BKSY rose by +20.24%, which changed the moving average for the period of 200-days by +8.15% in comparison to the 20-day moving average, which settled at $10.92. In addition, BlackSky Technology Inc saw 10.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BKSY starting from Gordon Susan M., who sale 381 shares at the price of $10.65 back on Dec 12 ’24. After this action, Gordon Susan M. now owns 58,551 shares of BlackSky Technology Inc, valued at $4,058 using the latest closing price.
Abraham Magid M, the Director of BlackSky Technology Inc, sale 481 shares at $10.65 during a trade that took place back on Dec 12 ’24, which means that Abraham Magid M is holding 49,009 shares at $5,123 based on the most recent closing price.
Stock Fundamentals for BKSY
Current profitability levels for the company are sitting at:
- -0.45 for the present operating margin
- 0.39 for the gross margin
The net margin for BlackSky Technology Inc stands at -0.39. The total capital return value is set at -0.21. Equity return is now at value -41.15, with -18.17 for asset returns.
Based on BlackSky Technology Inc (BKSY), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 0.96. The interest coverage ratio of the stock is -4.19.
Currently, EBITDA for the company is 0.43 million with net debt to EBITDA at 3.19. When we switch over and look at the enterprise to sales, we see a ratio of 3.89. The receivables turnover for the company is 2.9for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.68.
Conclusion
In a nutshell, BlackSky Technology Inc (BKSY) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
