Let’s start up with the current stock price of BlackLine Inc. (BL), which is $128.24 to be very precise. The Stock rose vividly during the last session to $152.4418 after opening rate of $149.59 while the lowest price it went was recorded $146.025 before closing at $150.37.
Recently in News on February 11, 2021, BlackLine Announces Fourth Quarter and Full Year Financial Results. BlackLine, Inc. (Nasdaq: BL), today announced financial results for the fourth quarter and full-year ended December 31, 2020. You can read further details here
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BlackLine Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $154.61 on 02/08/21, with the lowest value was $122.10 for the same time period, recorded on 01/27/21.
BlackLine Inc. (BL) full year performance was 137.10%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, BlackLine Inc. shares are logging -17.05% during the 52-week period from high price, and 234.67% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $38.32 and $154.61.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 539210 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the BlackLine Inc. (BL) recorded performance in the market was 12.74%, having the revenues showcasing 41.09% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 8.28B, as it employees total of 1207 workers.
Market experts do have their say about BlackLine Inc. (BL)
During the last month, 0 analysts gave the BlackLine Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 116.55, with a change in the price was noted +50.46. In a similar fashion, BlackLine Inc. posted a movement of +59.04% for the period of last 100 days, recording 484,333 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BL is recording 0.96 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.96.
Technical breakdown of BlackLine Inc. (BL)
Raw Stochastic average of BlackLine Inc. in the period of last 50 days is set at 50.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 42.53%. In the last 20 days, the company’s Stochastic %K was 69.72% and its Stochastic %D was recorded 77.58%.
Bearing in mind the latest performance of BlackLine Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 12.74%. Additionally, trading for the stock in the period of the last six months notably improved by 102.27%, alongside a boost of 137.10% for the period of the last 12 months. The shares increased approximately by 5.23% in the 7-day charts and went down by 18.34% in the period of the last 30 days. Common stock shares were driven by 41.09% during last recorded quarter.