BlackLine Inc (NASDAQ: BL) kicked off on Tuesday, down -1.06% from the previous trading day, before settling in for the closing price of $47.15. Over the past 52 weeks, BL has traded in a range of $40.82-$66.25.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 17.83% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -6.33%. With a float of $51.64 million, this company’s outstanding shares have now reached $62.81 million.
In an organization with 1830 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 75.21%, operating margin of 3.05%, and the pretax margin is 19.09%.
BlackLine Inc (BL) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of BlackLine Inc is 18.13%, while institutional ownership is 90.38%. The most recent insider transaction that took place on May 05 ’25, was worth 1,431,730. Before that another transaction happened on May 02 ’25, when Company’s Former Officer proposed sale 23,090 for $47.28, making the entire transaction worth $1,091,638.
BlackLine Inc (BL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -6.33% per share during the next fiscal year.
BlackLine Inc (NASDAQ: BL) Trading Performance Indicators
Take a look at BlackLine Inc’s (BL) current performance indicators. Last quarter, stock had a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.50. Likewise, its price to free cash flow for the trailing twelve months is 15.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.23, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.24 in one year’s time.
Technical Analysis of BlackLine Inc (BL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.68 million. That was inferior than the volume of 0.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.66%. Additionally, its Average True Range was 1.51.
During the past 100 days, BlackLine Inc’s (BL) raw stochastic average was set at 22.93%, which indicates a significant decrease from 71.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.41% in the past 14 days, which was lower than the 45.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.52, while its 200-day Moving Average is $53.90. However, in the short run, BlackLine Inc’s stock first resistance to watch stands at $47.16. Second resistance stands at $47.68. The third major resistance level sits at $48.07. If the price goes on to break the first support level at $46.25, it is likely to go to the next support level at $45.86. Assuming the price breaks the second support level, the third support level stands at $45.34.
BlackLine Inc (NASDAQ: BL) Key Stats
The company with the Market Capitalisation of 2.94 billion has total of 63,077K Shares Outstanding. Its annual sales at the moment are 653,340 K in contrast with the sum of 165,810 K annual income. Company’s last quarter sales were recorded 169,460 K and last quarter income was 62,800 K.
