There’s No Getting Around Blend Labs Inc (NYSE: BLND) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Blend’s Soft Credit Functionality Supports Fannie Mae’s Desktop Underwriter Early Assessment Enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

BLND belongs to the Technology sector of the NYSE while operating in the Software – Application industry. The current market capitalization of Blend Labs Inc is $722.26M. A total of 1.88 million shares were traded on the day, compared to an average of 1.63M shares.

In the most recent transaction, Ghamsari Nima sold 112,108 shares of BLND for 2.23 per share on Feb 23 ’24. After the transaction, the HEAD OF BLEND now owns 116,474 company shares. In a previous transaction on Feb 13 ’24, Jafari Amir bought 6,051 shares at 2.61 per share. BLND shares that HEAD OF FINANCE AND ADMIN. owns now total 81,610.

Among the insiders who sold shares, Ghamsari Nima disposed of 97,657 shares on Jan 24 ’24 at a per-share price of $2.52. This resulted in the Head of Blend holding 0 shares of BLND after the transaction. In another insider transaction, Jafari Amir bought 7,002 shares at $2.43 per share on Jan 12 ’24. Company shares held by the Head of Finance and Admin. now total 75,559.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BLND has a high of $3.37 and a low of $0.53.

As of this writing, BLND has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.09. The company reported an EPS of -$0.09 in the last quarter, which was 30.80% higher than expectations of -$0.13.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BLND’s latest balance sheet shows that the firm has $547.23M in Cash & Short Term Investments as of fiscal 2021. There were $232.31M in debt and $60.03M in liabilities at the time. Its Book Value Per Share was $0.03, while its Total Shareholder’s Equity was $810.59M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BLND is Buy with a score of 3.67.

Most Popular

Related Posts