What You Didn’t Know About Blackboxstocks Inc (NASDAQ: BLBX) This Week

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Blackboxstocks Inc (NASDAQ:BLBX) traded at $3.81 at last check on current trade day and made a downward move of -0.78% on its previous day’s price.

Looking at the stock we see that its previous close was $3.84 and the beta (5Y monthly) reads 0.227 with the day’s price range being $3.6909 – $5.7999. In terms of its 52-week price range, BLBX has a high of $6.00 and a low of $1.51. The company’s stock has gained about 112.85% over that past 30 days.

Blackboxstocks Inc has a market cap of $13.48 million and is expected to release its quarterly earnings report in February.

On the other hand, looking at the outlook for the BLBX stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.

Looking further, we note the current price level is 48.78% off its SMA20 and 53.35% from its 50-day simple moving average. The RSI (14) is pointing at 60.92 while the volatility over the past week is 45.84% and jumps to 25.71% over the past one month.

Coming back to Blackboxstocks Inc (NASDAQ:BLBX), we note that the average 3-month trading volume was 4.09 million, while that of the preceding 10-day period stands at 24.48 million. Current shares outstanding are 3.53 million.

The insiders hold 48.18% of the company’s shares while institutions hold 3.53%. The data shows that short shares as of 2024-10-31, stood at 14245.0 at a short ratio of 1.4. This represents a 55.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 20523.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 73.18% up in year-to-date price movement.

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