Blade Air Mobility Inc (NASDAQ:BLDE) shares, rose in value on Wednesday, June 18, with the stock price up by 2.10% to the previous day’s close as strong demand from buyers drove the stock to $3.89.
Actively observing the price movement in the last trading, the stock closed the session at $3.81, falling within a range of $3.83 and $3.985. The value of beta (5-year monthly) was -0.21. Referring to stock’s 52-week performance, its high was $5.17, and the low was $2.35. On the whole, BLDE has fluctuated by 13.41% over the past month.
With the market capitalization of Blade Air Mobility Inc currently standing at about $315.16 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BLDE’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of BLDE currently trading nearly 4.33% and 20.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.30, while the 7-day volatility ratio is showing 3.51% which for the 30-day chart, stands at 4.09%. Furthermore, Blade Air Mobility Inc (BLDE)’s beta value is 1.65, and its average true range (ATR) is 0.20.
A comparison of Blade Air Mobility Inc (BLDE) with its peers suggests the former has fared considerably weaker in the market. BLDE showed an intraday change of 2.10% in last session, and over the past year, it grew by 32.76%%.
Data on historical trading for Blade Air Mobility Inc (NASDAQ:BLDE) indicates that the trading volumes over the past 10 days have averaged 0.94 and over the past 3 months, they’ve averaged 664.57K. According to company’s latest data on outstanding shares, there are 80.97 million shares outstanding.
Nearly 29.57% of Blade Air Mobility Inc’s shares belong to company insiders and institutional investors own 49.78% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.41 million shares as on 2025-05-30, resulting in a short ratio of 3.88. According to the data, the short interest in Blade Air Mobility Inc (BLDE) stood at 455.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 2.32 million. The stock has fallen by -8.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BLDE stock heading into the next quarter.
