Blend Labs Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $3.40 on 03/20/24, while the lowest price for the same duration was marked at $0.53 on 05/05/23.
52-week price history of BLND Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Blend Labs Inc’s current trading price is -21.88% away from its 52-week high, while its distance from the 52-week low is 403.22%. The stock’s price range during the 52-week period has remained between $0.53 and $3.40. In the Technology sector, the company’s shares saw a trading volume of around 1.33 million for the day, which was evidently lower than the average daily volume of 1.78 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Blend Labs Inc (BLND) has experienced a quarterly rise of 5.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 670.45M and boasts a workforce of 881 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.44, with a change in price of +1.41. Similarly, Blend Labs Inc recorded 1,588,090 in trading volume during the last 100 days, posting a change of +112.80%.
BLND Stock Stochastic Average
As of today, Blend Labs Inc’s raw stochastic average for the last 50 days stands at 39.68%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 33.18%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.04% and 52.82%, respectively.
BLND Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 4.31% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 106.20%. Over the past 30 days, the price of BLND has leaped by -11.63%. And in the last five days, it has fallen by -11.33%.
