Backblaze Inc (NASDAQ:BLZE) currently has a daily average trading volume of 320.95K but it saw 383892 shares traded in last market. With a market cap of 326.69M USD, the company’s current market price of $6.45 came rising about 2.22 while comparing to the previous closing price of $6.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.65 and as low as $4.91. In the recent trading on the day, stock has struck highest price mark of $6.26 while lowest mark touched by it was $6.53.
Taking a look at 20-day trading activity of Backblaze Inc (BLZE) gives us an average price of $6.79, while its current price level is -49.01% below from 52-week high level whereas it is 31.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.77 while that of 200 days or SMA-200 reads an average of $7.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.27% during that period while stretching the period over a month that decreases to 7.10%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.39 which implies that the stock is in neutral territory.
Over the week, BLZE’s stock price is moving 3.53% up while it is -12.13% when we observe its performance for the past one month. Year-to-date it is -15.02% down and over the past year, the stock is showing a downside performance of -7.73%.
Currently, Backblaze Inc’s total number of outstanding shares is 39.15M. Company’s return on investment (ROI) stands at -63.36% and return on equity (ROE) at -100.93%. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 6.67 while price to sale or P/S ratio amounts to 2.67. Its return on asset (ROA) is -33.59% on average.
