Beeline Holdings Inc (NASDAQ:BLNE) does about 2.17M shares in volume on a normal day but saw 1509147 shares change hands in the recent trading day. The company now has a market cap of 11.24M USD. Its current market price is $1.24, marking a decrease of -3.88% compared to the previous close of $1.29. The 52 week high reached by this stock is $29.80 whilst the lowest price level in 52 weeks is $0.62.
Beeline Holdings Inc (BLNE) has a 20-day trading average at $1.0706 and the current price is -95.84% off the 52-week high compared with 99.94% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1530 and its 200-day simple moving average is $4.6100. If we look at the stock’s price movements over the week, volatility stands at 12.97%, which increases to 24.35% 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 52.48 to suggest the stock is neutral.
The consensus objective for the share price is $35.00, suggesting that the stock has a potential upside of 96.46% over the period.
The current price level is 15.82%, 7.54%, and -73.10% away from its SMA20, SMA50, and SMA200 respectively, with the BLNE price moving below the 50-day SMA on current market day. Beeline Holdings Inc (BLNE) stock is down -16.22% over the week and 48.52% over the past month. Its price is -87.58% year-to-date and -87.12% over the past year.
To reach the target analysts have set, the stock logically needs to grow 96.46 percent from here.
Outstanding shares total 7.82M with insiders holding 24.46% of the shares and institutional holders owning 3.08% of the company’s common stock. The company has a return on investment of -13.42% and return on equity of -23.93%. The beta has a value of 1.29. Price to book ratio is 0.21 and price to sales ratio is 1.42.
