Blade Air Mobility, Inc. (NASDAQ:BLDE – Get Free Report) CEO Scott M. Wunsch sold 7,741 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $2.85, for a total value of $22,061.85. Following the transaction, the chief executive officer now directly owns 284,962 shares in the company, valued at $812,141.70. The sale was disclosed in a document filed with the SEC, which is available at this link.
Blade Air Mobility Price Performance
Shares of NASDAQ BLDE opened at $3.18 on Monday. The stock has a market capitalization of $245.96 million, a P/E ratio of -4.68 and a beta of 1.09. Blade Air Mobility, Inc. has a one year low of $2.06 and a one year high of $4.24. The firm’s 50 day simple moving average is $3.19 and its two-hundred day simple moving average is $3.24.
Blade Air Mobility (NASDAQ:BLDE – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported ($0.06) EPS for the quarter, hitting analysts’ consensus estimates of ($0.06). Blade Air Mobility had a negative net margin of 20.64% and a negative return on equity of 10.86%. The company had revenue of $67.95 million for the quarter, compared to analysts’ expectations of $62.86 million. As a group, equities analysts expect that Blade Air Mobility, Inc. will post -0.36 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Blade Air Mobility
Blade Air Mobility Company Profile
Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.
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