The trading price of Blackboxstocks Inc (NASDAQ:BLBX) floating higher at last check on current market day and closing at $3.07, 81.65% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $2.68 and $3.57. In examining the 52-week price action we see that the stock hit a 52-week high of $4.10 and a 52-week low of $1.51. Over the past month, the stock has gained 49.02% in value.
Blackboxstocks Inc, whose market valuation is $10.86 million at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest BLBX has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that BLBX’s price is currently 51.45% off the SMA20 and 30.94% off the SMA50. The RSI metric on the 14-day chart is currently showing 67.30, and weekly volatility stands at 8.23%. When measured over the past 30 days, the indicator reaches 16.72%. Blackboxstocks Inc (NASDAQ:BLBX)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.37.
To see how Blackboxstocks Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: BLBX stock’s performance was 81.65% at last check in today’s session, and 13.15% in the past year.
An evaluation of the daily trading volume of Blackboxstocks Inc (NASDAQ:BLBX) indicates that the 3-month average is 71.50K. However, this figure has increased over the past 10 days to an average of 32100.0.
Currently, records show that 3.53 million of the company’s shares remain outstanding. The insiders hold 48.25% of outstanding shares, whereas institutions hold 3.53%. The stats also highlight that short interest as of 2024-10-31, stood at 14245.0 shares, resulting in a short ratio of 1.4 at that time. From this, we can conclude that short interest is 55.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 20523.0. However, since the stock’s price has seen 39.54% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
