The price of BigBear.ai Holdings Inc (NYSE:BBAI) shares last traded on Wall Street rose 14.25% to $4.81.
BBAI stock price is now 100.84% away from the 50-day moving average and 171.11% away from the 200-day moving average. The market capitalization of the company currently stands at $1.14B.
With the price target enhanced from $3 to $7, H.C. Wainwright maintained Buy rating for BigBear.ai Holdings Inc (NYSE: BBAI). On January 09, 2024, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $3, while ‘TD Cowen’ rates the stock as ‘Market Perform’
In other news, Long Amanda, Chief Executive Officer sold 200,000 shares of the company’s stock on Dec 26 ’24. The stock was sold for $850,000 at an average price of $4.25. Upon completion of the transaction, the Chief Executive Officer now directly owns 2,583,254 shares in the company, valued at $12.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 26 ’24, Director BBAI Ultimate Holdings, LLC sold 6,075,697 shares of the business’s stock. A total of $25,214,143 was realized by selling the stock at an average price of $4.15. This leaves the insider owning 64,157,821 shares of the company worth $308.6 million. A total of 31.01% 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 $2.3328 and a two-hundred day moving average price translates $1.76235 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.
