Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Blend Labs Inc’s stock clocked out at $3.94, down -1.25% from its previous closing price of $3.99. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 1.93 million shares were traded.
Ratios:
To gain a deeper understanding of BLND’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.21 and its Current Ratio is at 3.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on December 18, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $7.
On August 12, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $4.75.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 20 ’25 when Ling Winnie bought 10,000 shares for $3.91 per share.
Ling Winnie sold 15,000 shares of BLND for $60,170 on Feb 06 ’25. The HEAD OF LEGAL AND PEOPLE now owns 303,781 shares after completing the transaction at $4.01 per share. On Feb 06 ’25, another insider, Ling Winnie, who serves as the Officer of the company, bought 15,000 shares for $4.01 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.43.
Stock Price History:
Over the past 52 weeks, BLND has reached a high of $5.53, while it has fallen to a 52-week low of $2.08. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be 9.87%.
Shares Statistics:
A total of 252.13M shares are outstanding, with a floating share count of 204.57M. Insiders hold about 20.07% of the company’s shares, while institutions hold 51.73% stake in the company.
