Blend Labs Inc (NYSE: BLND) on Friday, soared 1.72% from the previous trading day, before settling in for the closing price of $3.49. Within the past 52 weeks, BLND’s price has moved between $2.08 and $5.53.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 40.80%. The company achieved an average annual earnings per share of 139.28%. With a float of $201.97 million, this company’s outstanding shares have now reached $254.43 million.
Considering the fact that the conglomerate employs 881 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 55.7%, operating margin of -29.89%, and the pretax margin is -26.73%.
Blend Labs Inc (BLND) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Blend Labs Inc is 21.08%, while institutional ownership is 51.74%. The most recent insider transaction that took place on Mar 10 ’25, was worth 3,281,285. In this transaction Director of this company bought 1,062,317 shares at a rate of $3.09, taking the stock ownership to the 3,123,242 shares. Before that another transaction happened on Mar 07 ’25, when Company’s Director bought 1,416,037 for $3.05, making the entire transaction worth $4,320,754. This insider now owns 2,060,925 shares in total.
Blend Labs Inc (BLND) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 139.28% per share during the next fiscal year.
Blend Labs Inc (NYSE: BLND) Trading Performance Indicators
Blend Labs Inc (BLND) is currently performing well based on its current performance indicators. A quick ratio of 3.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Blend Labs Inc (BLND)
Compared to the last year’s volume of 3.48 million, its volume of 5.32 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.27%. Additionally, its Average True Range was 0.25.
During the past 100 days, Blend Labs Inc’s (BLND) raw stochastic average was set at 27.79%, which indicates a significant decrease from 77.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.25% in the past 14 days, which was higher than the 65.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.66, while its 200-day Moving Average is $3.63. Nevertheless, the first resistance level for the watch stands at $3.64 in the near term. At $3.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.84. If the price goes on to break the first support level at $3.43, it is likely to go to the next support level at $3.31. Now, if the price goes above the second support level, the third support stands at $3.23.
Blend Labs Inc (NYSE: BLND) Key Stats
Market capitalization of the company is 921.80 million based on 255,930K outstanding shares. Right now, sales total 162,020 K and income totals -49,600 K. The company made 41,410 K in profit during its latest quarter, and -2,340 K in sales during its previous quarter.
