BlackSky Technology (NYSE:BKSY - Get Free Report) is anticipated to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $34.23 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
BlackSky Technology Stock Up 0.0 %
Shares of BKSY traded up $0.00 during midday trading on Friday, reaching $14.47. 1,665,089 shares of the stock were exchanged, compared to its average volume of 1,779,433. The company has a market cap of $445.46 million, a price-to-earnings ratio of -6.40 and a beta of 1.20. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.89. BlackSky Technology has a 12-month low of $3.86 and a 12-month high of $21.92. The firm has a 50 day simple moving average of $13.60 and a 200-day simple moving average of $9.96.
Insider Activity at BlackSky Technology
In other BlackSky Technology news, CAO Christiana L. Lin sold 5,550 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total value of $59,107.50. Following the completion of the sale, the chief accounting officer now owns 354,143 shares in the company, valued at approximately $3,771,622.95. This trade represents a 1.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian E. O'toole sold 7,020 shares of BlackSky Technology stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total value of $74,763.00. Following the sale, the chief executive officer now directly owns 691,909 shares in the company, valued at $7,368,830.85. The trade was a 1.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,086 shares of company stock worth $245,866 in the last 90 days. 4.50% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on BKSY shares. Oppenheimer increased their price target on shares of BlackSky Technology from $10.00 to $30.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 19th. HC Wainwright boosted their price target on BlackSky Technology from $12.00 to $20.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, BlackSky Technology presently has a consensus rating of "Buy" and a consensus target price of $23.20.
Read Our Latest Stock Analysis on BlackSky Technology
About BlackSky Technology
(
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BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.
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