In last trading session, Blend Labs Inc (NYSE:BLND) saw 1.06 million shares changing hands with its beta currently measuring 1.11. Company’s recent per share price level of $2.42 trading at $0.12 or 5.22% at ring of the bell on the day assigns it a market valuation of $609.96M. That closing price of BLND’s stock is at a discount of -40.5% from its 52-week high price of $3.40 and is indicating a premium of 78.1% from its 52-week low price of $0.53. Taking a look at company’s average trading volume volume of 1.85 million if we extend that period to 3-months.
Blend Labs Inc (NYSE:BLND) trade information
Upright in the green during last session for gaining 5.22%, in the last five days BLND remained trading in the green while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $2.42 price level, adding 16.26% to its value on the day. Blend Labs Inc’s shares saw a change of -5.10% in year-to-date performance and have moved 0.83% in past 5-day. Blend Labs Inc (NYSE:BLND) showed a performance of -22.44% in past 30-days.
Blend Labs Inc (BLND) estimates and forecasts
Statistics highlight that Blend Labs Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 100.00% of value to its shares in past 6 months, showing an annual growth rate of 47.50% while that of industry is 21.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 5.40% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 34.54M for the same. And 7 analysts are in estimates of company making revenue of 41.78M in the next quarter. Company posted 37.34M and 40.11M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.48% during past 5 years.
BLND Dividends
Blend Labs Inc is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
