For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Backblaze Inc (NASDAQ: BLZE) closed at $5.41 down -1.73% from its previous closing price of $5.51. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a deeper understanding of Backblaze Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.33.
On December 06, 2021, Raymond James started tracking the stock assigning a Outperform rating and target price of $26.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 28 ’25 when Budman Gleb sold 3,499 shares for $6.30 per share. The transaction valued at 22,044 led to the insider holds 1,863,857 shares of the business.
Budman Gleb sold 2,863 shares of BLZE for $18,924 on Feb 27 ’25. The CEO and Chairperson now owns 1,867,356 shares after completing the transaction at $6.61 per share. On Feb 28 ’25, another insider, Suidan Marc, who serves as the Chief Financial Officer of the company, sold 2,413 shares for $6.30 each. As a result, the insider received 15,202 and left with 305,791 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 3.72.
Stock Price History:
Over the past 52 weeks, BLZE has reached a high of $12.65, while it has fallen to a 52-week low of $4.91. The 50-Day Moving Average of the stock is -16.25%, while the 200-Day Moving Average is calculated to be -16.17%.
Shares Statistics:
A total of 53.38M shares are outstanding, with a floating share count of 36.48M. Insiders hold about 27.97% of the company’s shares, while institutions hold 46.00% stake in the company.
