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Examining the Potential Price Growth of Blade Air Mobility Inc (BLDE)

Blade Air Mobility Inc’s recently made public that its Officer Cohen Amir acquired Company’s shares for reported $22772.0 on Dec 02 ’24. In the deal valued at $4.55 per share,5,000 shares were bought.

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Then, Tomkiel Melissa M. sold 89,242 shares, generating $390,434 in total proceeds. Upon selling the shares at $4.38, the President and General Counsel now owns 1,083,761 shares.

Before that, Tomkiel Melissa M. sold 22,135 shares. Blade Air Mobility Inc shares valued at $111,186 were divested by the President and General Counsel at a price of $5.02 per share. As a result of the transaction, Tomkiel Melissa M. now holds 1,061,626 shares, worth roughly $4.73 million.

Ladenburg Thalmann initiated its Blade Air Mobility Inc [BLDE] rating to a Buy in a research note published on July 18, 2023; the price target was $13. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. Oppenheimer began covering BLDE with “an Outperform” recommendation on September 28, 2021. JP Morgan started covering the stock on September 09, 2021. It rated BLDE as “an Overweight”.

Price Performance Review of BLDE

On Monday, Blade Air Mobility Inc [NASDAQ:BLDE] saw its stock fall -5.91% to $4.46. Over the last five days, the stock has gained 35.15%. Blade Air Mobility Inc shares have risen nearly 26.35% since the year began. Nevertheless, the stocks have risen 40.69% over the past one year. While a 52-week high of $5.17 was reached on 11/29/24, a 52-week low of $2.45 was recorded on 03/19/24. SMA at 50 days reached $3.52, while 200 days put it at $3.31.

Levels Of Support And Resistance For BLDE Stock

The 24-hour chart illustrates a support level at 4.17, which if violated will result in even more drops to 3.88. On the upside, there is a resistance level at 4.82. A further resistance level may holdings at 5.18. The Relative Strength Index (RSI) on the 14-day chart is 66.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.65%. Stochastics %K at 74.14% indicates the stock is a holding.

How much short interest is there in Blade Air Mobility Inc?

A steep rise in short interest was recorded in Blade Air Mobility Inc stocks on 2024-11-15, dropping by -0.29 million shares to a total of 3.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.69 million shares. There was a decline of -8.6%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 01, 2021 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.

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