Backblaze Inc (NASDAQ:BLZE) currently has a daily average trading volume of 527.64K but it saw 1635989 shares traded in last market. With a market cap of 328.30M USD, the company’s current market price of $5.98 came rising about 7.55 while comparing to the previous closing price of $5.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.08 and as low as $3.94.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Needham which initiated the stock as “Buy” in its note to investors issued on March 11, 2025, recommending a price target of $8 for it. Raymond James also issued its recommendations for the stock as it initiated the price target for the stock is $26.
Over the week, BLZE’s stock price is moving 12.41% up while it is 30.85% when we observe its performance for the past one month. Year-to-date it is -0.66% down and over the past year, the stock is showing a downside performance of -15.77%.
Currently, Backblaze Inc’s total number of outstanding shares is 54.87M with 17.96% of that held by the insiders while 44.32% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -44.28% and return on equity (ROE) at -74.75%. It has a 300.50 of forward P/E ratio. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 4.22 while price to sale or P/S ratio amounts to 2.48. Its return on asset (ROA) is -30.99% on average.
