Backblaze Stock Analysis

Backblaze Stock Analysis Notes

About 19.0% of the company shares are held by company insiders. The book value of Backblaze was currently reported as 1.45. The company recorded a loss per share of 1.11. Backblaze had not issued any dividends in recent years. Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company was incorporated in 2007 and is headquartered in San Mateo, California. Backblaze Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 270 people. For more info on Backblaze please contact Gleb Budman at 650 352 3738 or go to https://www.backblaze.com.

Backblaze Investment Alerts

Backblaze Upcoming and Recent Events

Backblaze Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 299.74 M.

Backblaze Profitablity

The company has Profit Margin (PM) of (0.38) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.26) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.26.

Technical Drivers

As of the 20th of March, Backblaze shows the risk adjusted performance of (0.03), and Mean Deviation of 2.82. Backblaze technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Backblaze standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Backblaze is priced correctly, providing market reflects its regular price of 5.44 per share. Given that Backblaze has information ratio of (0.03), we suggest you to validate Backblaze's prevailing market performance to make sure the company can sustain itself at a future point.

Backblaze Price Movement Analysis

Backblaze Insider Trading Activities

Backblaze Outstanding Bonds

Backblaze Predictive Daily Indicators

Backblaze Forecast Models

Backblaze's time-series forecasting models are one of many Backblaze's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Backblaze's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Backblaze prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Backblaze shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Backblaze. By using and applying Backblaze Stock analysis, traders can create a robust methodology for identifying Backblaze entry and exit points for their positions.

When running Backblaze's price analysis, check to measure Backblaze's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Backblaze is operating at the current time. Most of Backblaze's value examination focuses on studying past and present price action to predict the probability of Backblaze's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Backblaze's price. Additionally, you may evaluate how the addition of Backblaze to your portfolios can decrease your overall portfolio volatility.