Backblaze Stock Market Trends and News

Backblaze has seen steady growth in its revenue, with a 30% increase in 2020 compared to the previous year. This growth can be attributed to the company's expanding cloud storage services.

Backblaze's cloud storage services have been gaining popularity, with the company reporting a 25% increase in customer base in 2020. This growth is expected to continue as more businesses and individuals turn to cloud storage solutions.

Backblaze has been expanding its services to include more features, such as automatic backup and file sharing. These additions are likely to attract more customers and drive revenue growth.

For your interest: Backblaze Revenue

As of today, the Backblaze stock price is $6.310 USD. This is according to the latest data available.

The price has fluctuated over time, with a 52-week high of $12.65 and a 52-week low of $4.91. This means that the stock price has dropped by as much as 61.5% from its peak.

Here's a quick summary of the price history and performance of Backblaze:

The Backblaze stock price is 6.310 USD today. This is according to the latest information available.

The expected return on investment for Backblaze stock is 0.20, which is a relatively modest gain. This return is based on various factors, including the stock's period volatility and hype elasticity.

If you're considering buying Backblaze stock, it's worth noting that the potential return on next major news is 0.61. This is a significant increase and could be a good opportunity for investors.

The average after-hype volatility for Backblaze stock is 1,676, which is a relatively high number. This means that the stock's price can fluctuate significantly after a major news event.

Here's a summary of the key statistics for Backblaze stock:

The news density for Backblaze stock is 8 events per month, which is relatively low. This means that there may not be as much news and information available about the stock, which could make it harder to make informed investment decisions.

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Looking at the history and performance of a stock can be a great way to gauge its potential for growth. The current share price of Backblaze is $6.60.

The 52-week high for Backblaze was $12.65, which is a significant increase from the 52-week low of $4.91. This shows that the stock has had some ups and downs.

The beta of Backblaze is 0.99, which means it's closely tied to the overall market. If the market goes up, Backblaze is likely to follow suit.

Over the past 11 months, the stock has seen a decline of 8.33%. However, in the last 3 months, it has increased by 3.94%. This shows that the stock is still recovering from its recent dip.

In the past year, Backblaze has seen a relatively small decline of 1.64%. However, over the past 33 years, the stock has seen a significant decline of 70.55%. This highlights the importance of looking at long-term trends.

Here's a summary of the stock's performance over the past few years:

When looking at BLZE's stock performance, volatility is a key factor to consider. BLZE's average weekly movement is 7.9%, which is relatively stable compared to the industry average of 8.2%.

The IT industry is known for its price fluctuations, but BLZE has managed to stay relatively steady. In fact, BLZE's weekly volatility has been stable over the past year, coming in at 8%.

Compared to the US market, BLZE's price movement is actually more stable than the market average of 6.3%. This suggests that BLZE is a relatively safe bet for investors.

To put BLZE's volatility into perspective, here are the average movements of the top 10 most volatile and least volatile stocks in the US market:

BLZE's stable share price is also a good sign, as it indicates that the stock has not experienced significant price volatility in the past 3 months.