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BKSY’s 2023 Market Dance: Down -15.58% – Time to Invest?

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -15.58%. However, over the past six months, we’ve seen a weaker performance of 0.78%. The price of BKSY leaped by -12.16% over the last 30 days. And in the last five days, it has surged by 0.78%.

The stock price for BlackSky Technology Inc. (BKSY) currently stands at $1.30. The stock experienced a substantial increase in the last session, hitting $1.35 after starting at $1.23. The stock’s lowest price was $1.23 before closing at $1.21.

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BlackSky Technology Inc. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.37 on 07/03/23 and the lowest value was $1.12 on 05/03/23.

52-week price history of BKSY Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. BlackSky Technology Inc.’s current trading price is -45.03% away from its 52-week high, while its distance from the 52-week low is 16.07%. The stock’s price range during this time has been between $1.12 and $2.37. The trading volume for the Technology sector company’s shares reached about 0.97 million for the day, which was lower than the average daily volume of 1.14 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

BlackSky Technology Inc. (BKSY) has experienced a quarterly decline of -23.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 185.99M and boasts a workforce of 259 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6005, with a change in price of -0.0600. Similarly, BlackSky Technology Inc. recorded 1,198,063 in trading volume during the last 100 days, posting a change of -4.41%.

BKSY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BKSY stands at 0.90. Similarly, the long-term debt-to-equity ratio is also 0.90.

BKSY Stock Stochastic Average

Today’s raw stochastic average for BlackSky Technology Inc. over the last 50 days is 9.18%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 31.03%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 12.81% and 7.99%, respectively.

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