Backblaze Stock Price on September 20, 2024

BLZE Stock  USD 4.69  0.04  0.86%   
If you're considering investing in Backblaze Stock, it is important to understand the factors that can impact its price. As of today, the current price of Backblaze stands at 4.69, as last reported on the 17th of April 2025, with the highest price reaching 4.76 and the lowest price hitting 4.52 during the day. Backblaze secures Sharpe Ratio (or Efficiency) of -0.0798, which signifies that the company had a -0.0798 % return per unit of standard deviation over the last 3 months. Backblaze exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Backblaze's mean deviation of 3.06, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
The current year's Stock Based Compensation To Revenue is expected to grow to 0.24, whereas Total Stockholder Equity is forecasted to decline to about 50.8 M. . At present, Backblaze's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 38.16, whereas Price Earnings Ratio is forecasted to decline to (5.67). Backblaze Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
3.287
Enterprise Value Ebitda
(5.87)
Price Sales
2.0163
Shares Float
45.9 M
Wall Street Target Price
11.7

Backblaze Valuation on September 20, 2024

It is possible to determine the worth of Backblaze on a given historical date. On September 20, 2024 Backblaze was worth 6.18 at the beginning of the trading date compared to the closed value of 6.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Backblaze stock. Still, in general, we apply an absolute valuation method to find Backblaze's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Backblaze where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Backblaze's related companies.
 Open High Low Close Volume
  6.23    6.29    6.18    6.22    140,461  
09/20/2024
  6.18    6.30    6.15    6.27    367,521  
  6.34    6.34    6.04    6.04    182,053  
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Open Value
6.18
6.27
Closing Value
18.70
Upside

Backblaze Trading Date Momentum on September 20, 2024

On September 23 2024 Backblaze was traded for  6.04  at the closing time. The top price for the day was 6.34  and the lowest listed price was  6.04 . The trading volume for the day was 182.1 K. The trading history from September 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.67% . The overall trading delta against the current closing price is 1.75% .

Backblaze Fundamentals Correlations and Trends

By evaluating Backblaze's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Backblaze's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Backblaze financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Backblaze Stock history

Backblaze investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Backblaze is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Backblaze will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Backblaze stock prices may prove useful in developing a viable investing in Backblaze
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43.5 M37.1 M
Net Loss-46.5 M-44.2 M

Backblaze Stock Technical Analysis

Backblaze technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Backblaze technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Backblaze trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Backblaze Period Price Range

Low
April 17, 2025
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High

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Backblaze cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Backblaze April 17, 2025 Market Strength

Market strength indicators help investors to evaluate how Backblaze stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Backblaze shares will generate the highest return on investment. By undertsting and applying Backblaze stock market strength indicators, traders can identify Backblaze entry and exit signals to maximize returns

Backblaze Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Backblaze's price direction in advance. Along with the technical and fundamental analysis of Backblaze Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Backblaze to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Backblaze Stock analysis

When running Backblaze's price analysis, check to measure Backblaze's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Backblaze is operating at the current time. Most of Backblaze's value examination focuses on studying past and present price action to predict the probability of Backblaze's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Backblaze's price. Additionally, you may evaluate how the addition of Backblaze to your portfolios can decrease your overall portfolio volatility.
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