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Tuesday, March 21, 2023

Is BigBear.ai Holdings Inc. (NYSE: BBAI) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for BigBear.ai Holdings Inc. (BBAI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 1.82%, to $2.24. The BigBear.ai Holdings Inc. has recorded 116,437 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted BigBear.ai to Showcase AI/ML Situational Awareness and Predictive Forecasting Solution at Exclusive U.S. Naval Forces Central Command International Maritime Exercise 2023.


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Stocks Info

This NYSE-listed company operates within the Information Technology Services industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $2.20 and fluctuated between $2.6300 as its day high and $2.1600 as its day low. The current market capitalization of BigBear.ai Holdings Inc. is $277.35M. A total of 5.62 million shares were traded on the day, compared to an average of 8.09M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, BBAI has seen 11 BUY and 1 SELL insider trades, representing the acquisition of 1,828,057 and the disposition of 40,548 shares. Over the last 12 months, there were 15 BUYs and 11 SELLs from insiders. Insiders purchased 4,565,871 shares during that period but sold 19,175,441.

In the most recent transaction, Kinley Joshua Lane sold 4,462 shares of BBAI for 0.90 per share on Dec 01. After the transaction, the Chief Corp. Dev. Officer now owns 2,343 company shares. In a previous transaction on Nov 30, Kinley Joshua Lane sold 20,538 shares at 0.98 per share. BBAI shares that Chief Corp. Dev. Officer owns now total 6,805.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for BBAI in the last 3 months, the mean price target is $5.00 with high estimates of $5.00 and low estimates of $5.00. In terms of 52-week highs and lows, BBAI has a high of $16.12 and a low of $0.58.

As of this writing, BBAI has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.11. The company reported an EPS of -$0.45 in the last quarter, which was -462.50% lower than expectations of -$0.08.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BBAI is Buy with a score of 4.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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