Backblaze Inc (NASDAQ: BLZE) open the trading on Thursday, with a bit cautious approach as it glided -9.63% to $5.63, before settling in for the price of $6.23 at the close. Taking a more long-term approach, BLZE posted a 52-week range of $4.91-$12.65.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 25.86%. Meanwhile, its Annual Earning per share during the time was -166.45%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 48.17%. This publicly-traded company’s shares outstanding now amounts to $39.15 million, simultaneously with a float of $30.03 million. The organization now has a market capitalization sitting at $249.97 million. At the time of writing, stock’s 50-day Moving Average stood at $6.75, while the 200-day Moving Average is $7.57.
Backblaze Inc (BLZE) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Infrastructure industry. Backblaze Inc’s current insider ownership accounts for 32.37%, in contrast to 37.13% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s CEO and Chairperson sold 4,527 shares at the rate of 6.45, making the entire transaction reach 29,199 in total value, affecting insider ownership by 1,874,967. Preceding that transaction, on Aug 21 ’24, Company’s CEO and Chairperson sold 3,599 for 6.34, making the whole transaction’s value amount to 22,818. This particular insider is now the holder of 1,882,976 in total.
Backblaze Inc (BLZE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
Backblaze Inc’s EPS increase for this current 12-month fiscal period is 48.17% and is forecasted to reach -0.21 in the upcoming year.
Backblaze Inc (NASDAQ: BLZE) Trading Performance Indicators
Let’s observe the current performance indicators for Backblaze Inc (BLZE). It’s Quick Ratio in the last reported quarter now stands at 0.54. The Stock has managed to achieve an average true range (ATR) of 0.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.04. Similarly, its price to free cash flow for trailing twelve months is now 109.16.
In the same vein, BLZE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.11, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.21 at the market close of one year from today.
Technical Analysis of Backblaze Inc (BLZE)
[Backblaze Inc, BLZE] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 10.89% While, its Average True Range was 0.43.
Raw Stochastic average of Backblaze Inc (BLZE) in the period of the previous 100 days is set at 22.71%, which indicates a major rise in contrast to 5.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.06% that was higher than 68.07% volatility it exhibited in the past 100-days period.
