Use Baltia for risky short term speculation or day-trading. The stock experiences very speculative upward sentiment. The trend is possibly hyped up
1 Month Beta ..........
-0.21
As returns on market increase, returns on owning Baltia are expected to decrease at a much smaller rate. During bear market, Baltia is likely to outperform the market.
The median price of Baltia for the period between Wed, Apr 25, 2012 and Fri, May 25, 2012 is 0.02 with a coefficient of variation of 20.56. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.02, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period.
Baltia Air Lines Inc. [BLTA] is traded as part of a regulated electronic trading service offered by the NASD. The company currently falls under 'Micro-Cap' category with current market capitalization of 31.69 M. Baltia Air Lines Inc. operates under Services sector and is part of Regional Airlines industry. This company has 1.76 B outstanding shares.
Baltia Liquidity
BALTIA AIR LINES has accumulated about 39.85 K in cash with (7.03 M) of positive cash flow from operations.
The company has accumulated 1.04 M in total debt with debt to equity ratio (D/E) of 1.67 which is about averege as compared to similar companies. Baltia Air Lines Inc. has Current Ratio of 0.11 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.