BlackSky Technology (NYSE:BKSY – Get Rating) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, March 7th. Analysts expect BlackSky Technology to post earnings of ($0.14) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
BlackSky Technology Price Performance
BKSY stock opened at $1.78 on Tuesday. BlackSky Technology has a 1 year low of $1.00 and a 1 year high of $3.73. The firm has a 50-day moving average of $1.74 and a 200 day moving average of $1.78. The company has a debt-to-equity ratio of 0.55, a current ratio of 4.00 and a quick ratio of 4.00.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of BlackSky Technology in a research note on Monday, November 7th. They set a “buy” rating and a $3.00 target price for the company.
Institutional Investors Weigh In On BlackSky Technology
Several institutional investors and hedge funds have recently made changes to their positions in the company. Advisor Group Holdings Inc. increased its position in shares of BlackSky Technology by 163.4% during the first quarter. Advisor Group Holdings Inc. now owns 17,320 shares of the company’s stock valued at $33,000 after acquiring an additional 10,745 shares in the last quarter. Vident Investment Advisory LLC increased its position in shares of BlackSky Technology by 35.0% during the fourth quarter. Vident Investment Advisory LLC now owns 48,775 shares of the company’s stock valued at $75,000 after acquiring an additional 12,641 shares in the last quarter. LPL Financial LLC bought a new stake in shares of BlackSky Technology during the second quarter valued at approximately $37,000. Morgan Stanley increased its position in shares of BlackSky Technology by 60.0% during the fourth quarter. Morgan Stanley now owns 48,311 shares of the company’s stock valued at $74,000 after acquiring an additional 18,122 shares in the last quarter. Finally, Shay Capital LLC bought a new stake in shares of BlackSky Technology during the fourth quarter valued at approximately $32,000. Institutional investors own 13.60% of the company’s stock.
About BlackSky Technology
BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operations of satellite and ground systems to commercial and government customers worldwide. The company processes a range of observations from its constellation, as well as various space, internet-of-things, and terrestrial based sensors and data feeds.