Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -22.09%.However, over the last six months, we can see a stronger performance of -1.50%. Over the last 30 days, the price of BLND has leaped by -10.38%. And in the last five days, it has surged by 5.47%.
Blend Labs Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $5.53 on 12/06/24, and the lowest price during that time was $2.08, recorded on 06/26/24.
52-week price history of BLND Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Blend Labs Inc’s current trading price is -40.63% away from its 52-week high, while its distance from the 52-week low is 57.69%. The stock’s price range for this period has been between $2.08 and $5.53. The Technology sector company’s shares saw a trading volume of about 2.65 million for the day, which was lower than the average daily volume of 3.41 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Blend Labs Inc (BLND) has experienced a quarterly decline of -11.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 851.69M and boasts a workforce of 540 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.85, with a change in price of -1.90. Similarly, Blend Labs Inc recorded 3,382,637 in trading volume during the last 100 days, posting a change of -36.68%.
BLND Stock Stochastic Average
As of today, the raw stochastic average of Blend Labs Inc over the last 50 days is at 38.00%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 45.12%. Further, the company’s Stochastic %K and %D values for the last 20 days were 34.55% and 26.62%, respectively.
