Backblaze Inc (NASDAQ:BLZE) currently has a daily average trading volume of 369.83K but it saw 149872 shares traded in last market. With a market cap of 323.65M USD, the company’s current market price of $6.39 came falling about -0.62 while comparing to the previous closing price of $6.43. 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 $6.24 while lowest mark touched by it was $6.45.
Taking a look at 20-day trading activity of Backblaze Inc (BLZE) gives us an average price of $6.52, while its current price level is -49.49% below from 52-week high level whereas it is 30.14% 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 $6.72 while that of 200 days or SMA-200 reads an average of $6.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.79% during that period while stretching the period over a month that decreases to 4.53%. 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 46.84 which implies that the stock is in neutral territory.
Over the week, BLZE’s stock price is moving 6.15% up while it is -7.12% when we observe its performance for the past one month. Year-to-date it is 6.15% up and over the past year, the stock is showing a downside performance of -10.50%.
Currently, Backblaze Inc’s total number of outstanding shares is 44.27M. Company’s return on investment (ROI) stands at -63.36% and return on equity (ROE) at -100.93%. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 6.60 while price to sale or P/S ratio amounts to 2.64. Its return on asset (ROA) is -33.59% on average.
