Blackline Stock Price History

BL Stock  USD 59.93  1.53  2.49%   
Below is the normalized historical share price chart for Blackline extending back to October 28, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blackline stands at 59.93, as last reported on the 25th of April, with the highest price reaching 61.59 and the lowest price hitting 59.58 during the day.
IPO Date
28th of October 2016
200 Day MA
57.7814
50 Day MA
61.975
Beta
0.848
 
Covid
If you're considering investing in Blackline Stock, it is important to understand the factors that can impact its price. We consider Blackline very steady. Blackline secures Sharpe Ratio (or Efficiency) of 0.0138, which signifies that the company had a 0.0138% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Blackline, which you can use to evaluate the volatility of the firm. Please confirm Blackline's risk adjusted performance of 0.0254, and Mean Deviation of 2.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.0401%.
  
At this time, Blackline's Total Stockholder Equity is quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 478 M this year, although the value of Common Stock will most likely fall to about 584.2 K. . Price Earnings Ratio is expected to rise to 75.51 this year, although the value of Price To Sales Ratio will most likely fall to 6.12. Blackline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0138

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Estimated Market Risk

 2.9
  actual daily
25
75% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Blackline is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackline by adding it to a well-diversified portfolio.
Price Book
15.0621
Enterprise Value Ebitda
35.4952
Price Sales
6.6559
Shares Float
51.2 M
Wall Street Target Price
62.3

Blackline Stock Price History Chart

There are several ways to analyze Blackline Stock price data. The simplest method is using a basic Blackline candlestick price chart, which shows Blackline price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 12, 202468.65
Lowest PriceFebruary 21, 202456.27

Blackline April 25, 2024 Stock Price Synopsis

Various analyses of Blackline's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Blackline Stock. It can be used to describe the percentage change in the price of Blackline from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Blackline Stock.
Blackline Price Rate Of Daily Change 0.98 
Blackline Price Action Indicator(1.42)
Blackline Price Daily Balance Of Power(0.76)

Blackline April 25, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Blackline Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Blackline intraday prices and daily technical indicators to check the level of noise trading in Blackline Stock and then apply it to test your longer-term investment strategies against Blackline.

Blackline Stock Price History Data

The price series of Blackline for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 has a statistical range of 12.38 with a coefficient of variation of 5.34. The prices are distributed with arithmetic mean of 61.6. The median price for the last 90 days is 61.46.
OpenHighLowCloseVolume
04/25/2024
 61.46  61.59  59.58  59.93 
04/23/2024 60.22  61.59  59.58  61.46  641,462 
04/22/2024 57.58  58.71  57.20  58.39  467,384 
04/19/2024 57.59  58.49  56.49  57.37  672,499 
04/18/2024 58.67  59.22  57.70  57.85  1,063,467 
04/17/2024 60.02  60.93  58.61  58.67  926,398 
04/16/2024 60.62  61.27  59.50  59.68  616,694 
04/15/2024 63.57  63.66  60.74  60.84  802,459 
04/12/2024 64.02  64.25  63.22  63.54  516,970 
04/11/2024 64.63  65.04  63.64  64.71  330,919 
04/10/2024 66.08  66.48  63.91  64.21  901,189 
04/09/2024 65.35  69.09  65.10  68.61  1,101,527 
04/08/2024 62.86  65.02  62.51  64.98  644,407 
04/05/2024 62.36  63.21  61.74  62.20  535,425 
04/04/2024 64.95  66.17  62.49  62.56  794,324 
04/03/2024 61.94  64.02  61.80  63.92  651,149 
04/02/2024 62.59  63.00  61.84  62.52  1,062,316 
04/01/2024 64.90  64.90  63.18  64.00  968,097 
03/28/2024 63.64  65.25  63.64  64.58  646,687 
03/27/2024 63.08  63.87  62.66  63.63  653,626 
03/26/2024 63.74  63.74  62.17  62.33  532,256 
03/25/2024 62.99  63.81  62.83  63.31  363,798 
03/22/2024 63.18  64.46  63.06  63.29  844,927 
03/21/2024 63.11  64.83  63.11  63.33  869,819 
03/20/2024 63.63  64.68  62.86  63.08  1,264,187 
03/19/2024 63.28  65.61  62.90  64.28  740,643 
03/18/2024 64.61  65.50  63.89  63.99  1,321,596 
03/15/2024 65.92  67.32  64.99  65.63  11,261,483 
03/14/2024 67.80  68.54  66.12  66.51  1,385,185 
03/13/2024 68.50  69.31  67.85  68.03  1,523,173 
03/12/2024 67.13  68.75  66.61  68.65  1,761,693 
03/11/2024 66.67  67.42  65.74  67.14  1,370,912 
03/08/2024 66.87  67.81  66.24  67.01  1,297,097 
03/07/2024 66.11  67.21  65.85  66.14  1,511,727 
03/06/2024 64.45  66.11  64.06  65.78  1,556,488 
03/05/2024 66.45  66.45  61.76  62.58  1,613,138 
03/04/2024 61.52  65.64  61.01  65.35  3,328,144 
03/01/2024 57.01  58.81  56.64  58.71  526,191 
02/29/2024 57.50  57.68  56.18  56.73  611,245 
02/28/2024 56.56  57.00  56.36  56.69  276,898 
02/27/2024 57.31  57.50  56.46  57.06  464,074 
02/26/2024 56.40  57.38  56.12  56.84  385,593 
02/23/2024 56.74  57.09  56.32  56.69  322,589 
02/22/2024 56.75  57.20  56.06  56.72  463,595 
02/21/2024 56.15  56.82  55.49  56.27  864,662 
02/20/2024 56.65  57.69  56.64  57.45  604,687 
02/16/2024 59.74  59.74  57.55  57.61  519,100 
02/15/2024 59.55  60.15  57.72  60.12  683,926 
02/14/2024 53.25  61.14  53.25  58.57  2,358,157 
02/13/2024 57.96  59.52  57.41  58.30  1,613,669 
02/12/2024 62.07  62.56  60.64  60.84  823,313 
02/09/2024 62.43  62.71  61.25  61.94  467,993 
02/08/2024 60.20  61.77  59.41  61.75  587,454 
02/07/2024 60.12  60.62  59.36  60.24  599,415 
02/06/2024 58.52  60.32  58.11  59.91  531,274 
02/05/2024 59.71  60.00  57.94  58.41  428,366 
02/02/2024 59.44  60.55  59.23  60.30  336,282 
02/01/2024 58.95  60.66  58.89  60.53  842,015 
01/31/2024 60.21  61.19  58.39  58.68  508,930 
01/30/2024 62.07  62.28  59.97  59.97  314,892 
01/29/2024 59.86  62.38  59.86  62.29  299,585 

About Blackline Stock history

Blackline investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blackline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackline will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blackline stock prices may prove useful in developing a viable investing in Blackline
Last ReportedProjected for Next Year
Common Stock Shares Outstanding72 M58.9 M
Net Loss-26.5 M-27.8 M

Blackline Quarterly Net Working Capital

764.76 Million

Blackline Stock Technical Analysis

Blackline technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Blackline technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blackline trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Blackline Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Blackline's price direction in advance. Along with the technical and fundamental analysis of Blackline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackline to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Blackline is a strong investment it is important to analyze Blackline's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blackline's future performance. For an informed investment choice regarding Blackline Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Blackline's price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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Is Blackline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.05
Earnings Share
0.81
Revenue Per Share
9.696
Quarterly Revenue Growth
0.113
Return On Assets
(0)
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.