BlackSky Technology Inc (NYSE:BKSY) shares, rose in value on Thursday, April 16, with the stock price down by -0.70% to the previous day’s close as strong demand from buyers drove the stock to $7.07.
Actively observing the price movement in the last trading, the stock closed the session at $7.12, falling within a range of $6.9 and $7.24. The value of beta (5-year monthly) was 1.616. Referring to stock’s 52-week performance, its high was $21.92, and the low was $3.86. On the whole, BKSY has fluctuated by -21.18% over the past month.
With the market capitalization of BlackSky Technology Inc currently standing at about $223.70 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 132.4M, with a low estimate of 22M and a high estimate of 31M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 27.2M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BKSY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of BKSY currently trading nearly -9.67% and -37.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.35, while the 7-day volatility ratio is showing 6.89% which for the 30-day chart, stands at 9.35%. Furthermore, BlackSky Technology Inc (BKSY)’s beta value is 1.73, and its average true range (ATR) is 0.85.
A comparison of BlackSky Technology Inc (BKSY) with its peers suggests the former has fared considerably weaker in the market. BKSY showed an intraday change of -0.70% in last session, and over the past year, it shrunk by -28.73%%.
Data on historical trading for BlackSky Technology Inc (NYSE:BKSY) indicates that the trading volumes over the past 10 days have averaged 0.82 and over the past 3 months, they’ve averaged 1.62 million. According to company’s latest data on outstanding shares, there are 30.66 million shares outstanding.
Nearly 19.03% of BlackSky Technology Inc’s shares belong to company insiders and institutional investors own 46.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.76 million shares as on 2025-03-31, resulting in a short ratio of 2.62. According to the data, the short interest in BlackSky Technology Inc (BKSY) stood at 1411.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.46 million. The stock has fallen by -34.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BKSY stock heading into the next quarter.
