BigBear.ai Holdings Inc. (NYSE:BBAI) saw an upside of 6.22% to close Tuesday at $2.05 after adding $0.12 on the day. The 5-day average trading volume is 1,625,620 shares of the company’s common stock. It has gained $2.2500 in the past week and touched a new high 2 times within the past 5 days. An average of 6,847,311 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,786,742.
BBAI’s 1-month performance is 169.77% or $1.3200 on its low of $0.5800 reached on 12/30/22. The company’s shares have touched a 52-week low of $0.58 and high of $16.12, with the stock’s rally to the 52-week high happening on 01/12/23. YTD, BBAI has achieved 204.29% or $1.3800 and has reached a new high 5 times. However, the current price is down -87.28% from the 52-week high price.
BBAI stock investors last saw insider trading activity on Dec 01.Kinley Joshua Lane (Chief Corp. Dev. Officer) most recently sold 4,462 shares at $0.90 per share on Dec 01. This transaction cost the insider $4,016. Chief Corp. Dev. Officer, Kinley Joshua Lane, sold 20,538 shares at a price of $0.98 on Nov 30.
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.95.
BigBear.ai Holdings Inc.’s quick ratio for the period ended September 29 was 1.80, with the current ratio over the same period at 1.80.. In terms of profitability, the gross margin trailing 12 months is 25.10%. The firm’s gross profit as reported stood at $34.07 million against revenue of $145.58 million.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 88.08% to -$16.11 million, while revenue of -$56.84 million was -252.82% off the previous quarter. Analysts expected BBAI to announce -$0.09 per share in earnings in its latest quarter, but it posted -$0.13, representing a -44.40% surprise. EBITDA for the quarter stood at more than -$9.83 million. BBAI stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 225.01 million, with total debt at $192.6 million. Shareholders hold equity totaling $126.28 million.
Let’s look briefly at BigBear.ai Holdings Inc. (BBAI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 63.74% to suggest the stock is trending Neutral, with historical volatility in this time period at 679.64%.
The stock’s 5-day moving average is $1.9500, reflecting a +10.22% or $0.1900 change from its current price. BBAI is currently trading +177.06% above its 20-day SMA, +29.75% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +102.97% and SMA200 by-80.23%.
Stochastic %K and %D was 41.59% and 40.92% and the average true range (ATR) pointed at 0.3600. The RSI (14) points at 63.47%, while the 14-day stochastic is at 43.32% with the period’s ATR at 0.3100. The stock’s 9-day MACD Oscillator is pointing at -0.0100 and 0.4300 on the 14-day charts.
In the most recent analyst report for BigBear.ai Holdings Inc. (NYSE: BBAI), Oppenheimer downgraded it to a Perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for BBAI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate BBAI as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is BBAI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $5.00 and a high of $5.00, with their median price target at $5.00. Looking at these predictions, the average price target given by analysts is for BigBear.ai Holdings Inc. (BBAI) stock is $5.00.