After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.
Stocks Info
As a NASDAQ listed company, BLZE falls under the Technology sector while operating within the Software – Infrastructure industry segment. The current market capitalization of Backblaze Inc is $367.21M. A total of 0.27 million shares were traded on the day, compared to an average of 390.60K shares.
In the most recent transaction, Budman Gleb sold 10,321 shares of BLZE for 6.42 per share on Nov 26 ’24. After the transaction, the CEO and Chairperson now owns 1,864,646 company shares. In a previous transaction on Nov 26 ’24, Cessna Tina sold 8,874 shares at 6.42 per share. BLZE shares that Senior VP, Engineering owns now total 144,566.
Among the insiders who sold shares, Budman Gleb disposed of 4,527 shares on Aug 23 ’24 at a per-share price of $6.45. This resulted in the CEO and Chairperson holding 1,874,967 shares of BLZE after the transaction. In another insider transaction, Budman Gleb sold 3,599 shares at $6.34 per share on Aug 21 ’24. Company shares held by the CEO and Chairperson now total 1,882,976.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, BLZE has a high of $12.65 and a low of $4.91.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. BLZE’s latest balance sheet shows that the firm has $104.84M in Cash & Short Term Investments as of fiscal 2021. There were $33.25M in debt and $45.06M in liabilities at the time. Its Book Value Per Share was $0.97, while its Total Shareholder’s Equity was $95.49M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BLZE is Buy with a score of 4.83.
