B. Riley Financial Begins Coverage on Strata Critical Medical (NASDAQ:SRTA)

B. Riley Financial began coverage on shares of Strata Critical Medical (NASDAQ:SRTA) in a research note issued on Wednesday. The brokerage set a “buy” rating and a $8.00 price target on the stock. B. Riley Financial’s price objective indicates a potential upside of 66.67% from the company’s previous close.

Strata Critical Medical Stock Performance

SRTA stock opened at $4.80 on Wednesday. Strata Critical Medical has a 1-year low of $2.35 and a 1-year high of $6.02. The company has a market capitalization of $414.56 million, a PE ratio of 9.80 and a beta of 2.05.

About Strata Critical Medical

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.