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#Cloud backblaze nasdaq thursday friday free
Get a free copy of the research report on Backblaze (BLZE).It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.
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The company offers cloud services through a web-scale software infrastructure built on commodity hardware. About Backblazeīackblaze, Inc, a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. 12.70% of the stock is owned by hedge funds and other institutional investors. Barclays PLC now owns 13,982 shares of the company's stock valued at $86,000 after purchasing an additional 8,137 shares in the last quarter. Finally, Barclays PLC grew its position in Backblaze by 139.2% during the fourth quarter. Morgan Stanley now owns 13,354 shares of the company's stock valued at $82,000 after purchasing an additional 7,480 shares in the last quarter. Morgan Stanley grew its position in Backblaze by 127.3% during the fourth quarter. Trexquant Investment LP purchased a new position in Backblaze during the second quarter valued at approximately $65,000. purchased a new position in Backblaze during the fourth quarter valued at approximately $49,000. Royal Bank of Canada now owns 2,819 shares of the company's stock worth $30,000 after acquiring an additional 2,069 shares in the last quarter. Royal Bank of Canada increased its position in shares of Backblaze by 275.9% in the first quarter. Several institutional investors have recently made changes to their positions in BLZE. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.56 and a quick ratio of 1.56. Backblaze has a 52 week low of $3.82 and a 52 week high of $12.26. The company's fifty day simple moving average is $6.48 and its 200-day simple moving average is $5.76. Shares of BLZE stock opened at $5.59 on Wednesday.
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Get Backblaze alerts: Backblaze Stock Performance Finally, Raymond James decreased their price objective on shares of Backblaze from $14.50 to $11.00 and set an outperform rating for the company in a report on Thursday, November 10th. Riley raised their price target on shares of Backblaze from $8.50 to $9.00 and gave the company a buy rating in a report on Thursday, February 16th. Oppenheimer cut their target price on shares of Backblaze to $8.50 in a research note on Tuesday, November 15th. Other equities analysts also recently issued research reports about the stock. JMP Securities currently has a $18.00 price objective on the stock. Seeking Alpha contributor The Value Investor analyzes BLZE’s future prospects here.JMP Securities reiterated their market outperform rating on shares of Backblaze (NASDAQ:BLZE – Get Rating) in a research report sent to investors on Wednesday morning, Benzinga reports. one for every Class A share, giving Class B stockholders 97% of the voting power.

The company competes with the likes of S3 service from Amazon (NASDAQ: AMZN), Azure from Microsoft (NASDAQ: MSFT) and Google Cloud from Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). BLZE provides business and consumer clients with subscription cloud-based computer storage and backup services.The stock popped 24.4% last Thursday in its first trading session, then added another 10.8% Friday and extended its rally to a third day on Monday. Backblaze ( BLZE) was rising on no apparent news other than continued enthusiasm for its initial public offering.BLZE rose as much as 29.7% to $28.59 before pulling back to close at $25.50, ahead 15.7% for the day and 59.4% since the stock staged an IPO at $16 a share.Backblaze (NASDAQ: BLZE) was fire Monday for the third straight session since its IPO last week, up some 16% on the day and roughly 60% since the cloud-storage firm went public last Thursday.
