As of Friday close, BigBear.ai Holdings Inc.’s (NYSE:BBAI) stock was down -$0.06, moving down -4.05 percent to $1.42. The average number of shares traded per day over the past five days has been 1,491,500 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.2400 fall in that time frame. In the last twenty days, the average volume was 2,967,910, while in the previous 50 days, it was 3,120,972.
Since last month, BBAI stock rose 2.16%. Shares of the company fell to $1.2700 on 08/25/23, the lowest level in the past month. A 52-week high of $6.77 was reached on 02/06/23 after having rallying from a 52-week low of $0.58. Since the beginning of this year, BBAI’s stock price has risen by 110.78% or $0.7463, and marked a new high 9 times. However, the stock has declined by -79.03% since its 52-week high.
BBAI stock investors should be aware that BigBear.ai Holdings Inc. (BBAI) stock had its last reported insider trading activity 116 days ago on May 30. BBAI Ultimate Holdings, LLC, the Director of the company, disposed of 361,096 shares for $2.44 on May 30. It resulted in a $881,074 divestment by the insider. BBAI Ultimate Holdings, LLC sold 749,909 shares at an average price of $2.42 on May 26. The insider now owns 103,048,051 shares following the transaction. On May 25, Director BBAI Ultimate Holdings, LLC sold 960,012 shares at $2.45 apiece. The transaction was valued at $2,352,029.
Financial Health
In the three months ended June 29, BigBear.ai Holdings Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 26.40% percent. In the year ended June 29, EBITDA margin amounted to -27.25%, whereas operating margins totaled -37.60%. Based on annual data, BBAI earned $42.99 million in gross profit and brought in $155.01 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -69.50%. Return on equity (ROE) for the past 12 months was 220.60%.
In BigBear.ai Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $193.3 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. BBAI’s revenue rose 0.92% to $42.15 million during the quarter, while net income inched up to $37.96 million. While analysts expected BigBear.ai Holdings Inc. to report -$0.07 quarterly earnings, the actual figure was -$0.12 per share, beating the consensus estimate by -71.40%. During the quarter, the company generated -$7.73 million in EBITDA. The liabilities of BigBear.ai Holdings Inc. were 269.79 million at the end of its most recent quarter ended June 29, and its total debt was $199.38 million. The value of shareholders’ equity is $155.83 million.
Technical Picture
This quick technical analysis looks at BigBear.ai Holdings Inc.’s (BBAI) price momentum. With a historical volatility rate of 46.18%, the RSI 9-day stood at 32.13% on 22 September.
With respect to its five-day moving average, the current BigBear.ai Holdings Inc. price is down by -14.46% percent or -$0.2400. At present, BBAI shares trade +9.23% above its 20-day simple moving average and -51.70% percent below its 100-day simple moving average. However, the stock is currently trading approximately -32.70% below its SMA50 and +44.90% above its SMA200.
Stochastic coefficient K was 10.96% and Stochastic coefficient D was 21.57%, while ATR was 0.1112. Given the Stochastic reading of 4.88% for the 14-day period, the RSI (14) reading has been calculated as 37.93%. As of today, the MACD Oscillator reading stands at -0.0922, while the 14-day reading stands at -0.1255.
Analyst Ratings
H.C. Wainwright launched its rating on BigBear.ai Holdings Inc. (NYSE: BBAI) to a Buy in a note to investors on August 29, 2023.
With a median target price of $4.50, the current consensus forecast for the stock is $4.00 – $5.00. Based on these forecasts, analysts predict BigBear.ai Holdings Inc. (BBAI) will achieve an average price target of $4.50.
