Can Buying Blaize Holdings Inc (NASDAQ: BZAI) Still Be Worthwhile?

Blaize Holdings Inc (NASDAQ:BZAI) does about 223.30K shares in volume on a normal day but saw 766726 shares change hands in the recent trading day. The company now has a market cap of 326.36M USD. Its current market price is $3.21, marking a decrease of -6.69% compared to the previous close of $3.44. The 52 week high reached by this stock is $29.61 whilst the lowest price level in 52 weeks is $3.25.

Blaize Holdings Inc (BZAI) has the current price is -89.16% off the 52-week high compared with -1.23% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 25.18%, which increases to 28.27% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 27.60 to suggest the stock is oversold.

The current price level is -49.51%, -67.98%, and -70.43% away from its SMA20, SMA50, and SMA200 respectively, with the BZAI price moving above the 50-day SMA on current market day. Blaize Holdings Inc (BZAI) stock is down -45.22% over the week and -68.68% over the past month. Its price is -78.60% year-to-date and -69.34% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $945k, which analysts say will come at $2.41M for the current fiscal year and next year at $33.84M. In addition, estimates put the company’s current quarterly revenue at an average of $859k.

The company has a return on investment of -6.15% and return on equity of -4.25%. The beta has a value of -0.19. Price to book ratio is 1.64.