With 1.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.59 million shares. The 52-week range on BLND shows that it touched its highest point at $3.37 and its lowest point at $0.53 during that stretch. It currently has a 1-year price target of $2.39. Beta for the stock currently stands at 0.91.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLND was up-trending over the past week, with a rise of 21.95%, but this was up by 6.38% over a month. Three-month performance surged to 88.68% while six-month performance rose 165.49%. The stock gained 102.70% in the past year, while it has gained 17.65% so far this year. A look at the trailing 12-month EPS for BLND yields -0.98 with Next year EPS estimates of -0.21. For the next quarter, that number is -0.09. This implies an EPS growth rate of 47.09% for this year and 48.02% for next year.
Float and Shares Shorts:
At present, 230.21 million BLND shares are outstanding with a float of 155.76 million shares on hand for trading. On Feb 15, 2024, short shares totaled 8.27 million, which was 3.33% higher than short shares on Jan 12, 2024. In addition to Mr. Nima Ghamsari as the firm’s Co-Founder, Chairman, CEO & Head of Blend, Mr. Erin James Collard serves as its Co-Founder & Director.
Institutional Ownership:
Through their ownership of 55.05% of BLND’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLND since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
