In yesterday’s Wall Street session, BigBear.ai Holdings Inc (NYSE:BBAI) shares traded at $2.83, up 28.64% from the previous session.
BBAI stock price is now 60.09% away from the 50-day moving average and 63.08% away from the 200-day moving average. The market capitalization of the company currently stands at $709.16M.
With the price target of $3, Cantor Fitzgerald recently initiated with Overweight rating for BigBear.ai Holdings Inc (NYSE: BBAI). On October 02, 2023, TD Cowen recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $2, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, BBAI Ultimate Holdings, LLC, 10% Owner bought 5,245,770 shares of the company’s stock on Dec 03 ’24. The stock was bought for $11,540,694 at an average price of $2.20. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, 10% Owner BBAI Ultimate Holdings, LLC bought 1,039,199 shares of the business’s stock. A total of $2,379,766 was incurred on buying the stock at an average price of $2.29. A total of 53.59% of the company’s stock is owned by insiders.
During the past 12 months, BigBear.ai Holdings Inc has had a low of $1.16 and a high of $4.80. As of last week, the company has a debt-to-equity ratio of 2.09, a current ratio of 2.06, and a quick ratio of 2.06. The fifty day moving average price for BBAI is $1.7424 and a two-hundred day moving average price translates $1.7322 for the stock.
The latest earnings results from BigBear.ai Holdings Inc (NYSE: BBAI) was released for 2024-09-30. The net profit margin was -109.90% and return on equity was -738.19% for BBAI. The company reported revenue of $41.51 million for the quarter, compared to $33.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.12 percent.
