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Backblaze Inc.

BLZE | US

7.46

USD

0.12

1.63%

BLZE | US

About Backblaze Inc.

Sector

Technology

Industry

Software-Infrastructure

Earnings date

30/06/2024

As of date

21/10/2024

Close

7.46

Open

7.35

High

7.56

Low

7.29

Backblaze Inc. a storage cloud platform provides businesses and consumers cloud services to store use and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage which enables customers to store data developers to build applications and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases such as public hybrid and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup archive and tape replacement; repository for analytics artificial intelligence and machine learning; and Internet of Things. In addition the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals which provides a subscription-based Software-as-a-Service and serves use cases including computer backup ransomware protection theft and loss protection and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo California.

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BLZE | US

Risk
31.4
Sharpe
0.42
Luna's Score
49/100
Recommendation
Hold

Luna says (BLZE | US)

What's Working

Strength based on increasing price with high volume

Strong Revenue Growth (> 10%)

What's not Working

High 6-Month Volatility (>65%)

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

31.6%

1 month

31.4%

3 months

73.0%

6 months

68.3%

Returns

Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

6.77

Debt to equity

0.93

Debt to assets

0.33

Ent. to EBITDA

-5.87

Ent. to rev.

2.80

PEG

-

Other Fundamentals

EBITDA

-25.28M

MarketCap

319.93M

MarketCap(USD)

319.93M

Div. yield

-

Op. margin

-31.35

Erngs. growth

-

Rev. growth

27.20

Ret. on equity

-100.05

Short ratio

6.11

Short perc.

3.21

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

1.31

Range1M

1.63

Range3M

2.65

Volumes: Market Activity

Rel. volume

1.11

Price X volume

1.77M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Digital Turbine IncAPPSSoftware-Application3.17325.80M-4.23%n/a203.96%
IBEX LtdIBEXSoftware-Application18.36308.51M-1.18%10.1040.42%
Domo IncDOMOSoftware-Application7.96307.50M2.31%n/a-78.09%
Materialise NVMTLSSoftware-Application5.18305.97M-4.07%25.7123.83%
Eventbrite Inc - Ordinary Shares - Class AEBSoftware-Application2.89277.73M-3.02%n/a205.56%
Barnes & Noble Education IncBNEDSpecialty Retail10.4272.56M0.19%n/a347.60%
Immersion CorporationIMMRSoftware-Application8.44271.62M-0.47%4.71171.22%
Telstra Corp LtdTLSSoftware-Infrastructure3.75270.96M-1.57%n/a7.46%
ON24 INCONTFSoftware-Application6.29261.22M-1.26%n/a2.32%
Asure Software IncASURSoftware-Application9.66255.58M3.21%n/a5.92%
  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-5.87234.81Cheaper
Ent. to Revenue2.8011.74Cheaper
PE Ratio-38.19-
Price to Book6.779.25Cheaper
Dividend Yield-2.64-
Std. Deviation (3M)73.0056.19Riskier
Debt to Equity0.930.16Expensive
Debt to Assets0.330.35Par
Market Cap319.93M53.29BEmerging
  • 1

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