Blackline Stock Price History

BL Stock  USD 62.80  0.43  0.69%   
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 62.80, as last reported on the 3rd of December, with the highest price reaching 63.12 and the lowest price hitting 61.88 during the day.
IPO Date
28th of October 2016
200 Day MA
54.8471
50 Day MA
57.1666
Beta
0.896
 
Covid
If you're considering investing in Blackline Stock, it is important to understand the factors that can impact its price. Blackline appears to be very steady, given 3 months investment horizon. Blackline secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackline, which you can use to evaluate the volatility of the firm. Please makes use of Blackline's risk adjusted performance of 0.1612, and Mean Deviation of 1.35 to double-check if our risk estimates are consistent with your expectations.
  
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 = 0.2313

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Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Blackline is performing at about 18% 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
10.5928
Enterprise Value Ebitda
20.1934
Price Sales
6.0932
Shares Float
52 M
Wall Street Target Price
63.7

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 PriceNovember 26, 202463.07
Lowest PriceSeptember 9, 202447.71

Blackline December 3, 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 1.01 
Blackline Price Action Indicator 0.51 
Blackline Price Daily Balance Of Power 0.35 
Blackline Accumulation Distribution 13,696 

Blackline December 3, 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 Wed, Sep 4, 2024 and Tue, Dec 3, 2024 has a statistical range of 15.36 with a coefficient of variation of 8.08. The prices are distributed with arithmetic mean of 55.48. The median price for the last 90 days is 55.99.
OpenHighLowCloseVolume
12/03/2024 62.05  63.12  61.88  62.80  697,165 
12/02/2024 62.15  62.99  61.40  62.37  562,791 
11/29/2024 62.16  62.45  61.35  62.01  213,272 
11/27/2024 63.28  63.59  61.83  61.88  537,094 
11/26/2024 62.07  63.50  61.80  63.07  771,361 
11/25/2024 63.00  63.79  62.52  62.77  745,247 
11/22/2024 62.16  63.08  61.89  62.70  576,984 
11/21/2024 59.67  62.23  59.26  61.69  973,066 
11/20/2024 58.05  58.55  56.69  58.53  1,087,828 
11/19/2024 59.46  59.68  57.37  57.70  869,193 
11/18/2024 59.50  59.58  57.95  57.96  491,659 
11/15/2024 61.41  61.41  58.94  59.31  671,774 
11/14/2024 62.68  63.11  60.43  60.56  530,539 
11/13/2024 61.42  63.10  60.25  62.39  699,052 
11/12/2024 62.12  62.80  60.88  61.15  490,675 
11/11/2024 60.32  62.59  60.28  62.52  1,139,175 
11/08/2024 59.85  61.20  57.71  60.37  1,268,255 
11/07/2024 58.83  59.62  58.26  59.45  1,313,108 
11/06/2024 58.52  58.96  57.66  58.63  1,151,249 
11/05/2024 54.87  56.19  54.87  55.99  506,632 
11/04/2024 55.24  55.95  54.93  55.11  248,985 
11/01/2024 55.47  56.17  55.30  55.51  395,806 
10/31/2024 56.25  56.72  55.37  55.37  546,244 
10/30/2024 57.06  57.52  56.05  56.13  391,635 
10/29/2024 56.59  57.95  56.57  57.33  568,818 
10/28/2024 57.24  58.44  57.02  57.04  822,407 
10/25/2024 57.39  57.63  56.03  56.57  413,244 
10/24/2024 57.13  57.51  56.76  57.22  340,333 
10/23/2024 57.55  57.55  56.42  56.86  554,218 
10/22/2024 57.12  57.62  56.73  57.57  337,509 
10/21/2024 59.00  59.13  57.00  57.08  406,173 
10/18/2024 59.42  60.22  58.80  58.93  1,000,426 
10/17/2024 58.55  59.33  58.11  59.19  699,587 
10/16/2024 57.58  58.30  57.55  58.29  807,595 
10/15/2024 56.45  57.73  56.31  57.62  833,328 
10/14/2024 56.14  56.44  55.13  56.40  528,119 
10/11/2024 54.84  56.11  54.61  56.04  333,345 
10/10/2024 54.72  55.17  54.30  54.88  328,688 
10/09/2024 54.20  55.58  54.20  55.40  864,188 
10/08/2024 54.42  55.09  54.36  54.55  516,827 
10/07/2024 54.39  54.94  54.00  54.35  385,976 
10/04/2024 54.63  54.82  54.19  54.51  479,426 
10/03/2024 54.21  54.43  53.63  53.89  498,862 
10/02/2024 54.13  55.31  54.01  54.60  490,016 
10/01/2024 55.02  55.02  53.55  54.13  637,228 
09/30/2024 54.67  56.48  53.16  55.14  1,689,369 
09/27/2024 52.57  53.02  52.24  52.85  407,637 
09/26/2024 51.53  52.60  50.44  52.29  651,624 
09/25/2024 51.05  51.32  50.17  50.47  830,726 
09/24/2024 51.47  52.04  50.64  51.11  1,275,223 
09/23/2024 51.93  52.10  51.18  51.24  693,214 
09/20/2024 52.03  52.08  51.36  51.98  1,014,995 
09/19/2024 52.57  52.57  51.29  51.91  468,154 
09/18/2024 50.78  51.68  50.52  51.30  593,910 
09/17/2024 50.35  51.10  50.30  50.79  298,635 
09/16/2024 50.22  50.83  49.56  50.06  530,236 
09/13/2024 49.67  50.16  49.36  50.01  423,605 
09/12/2024 49.04  49.48  48.41  49.26  426,815 
09/11/2024 48.17  48.96  47.66  48.88  549,086 
09/10/2024 47.90  48.39  47.26  48.18  510,510 
09/09/2024 47.91  48.48  47.60  47.71  562,110 

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

635.89 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.
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 closely tied 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Application Software space 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
0.429
Earnings Share
0.98
Revenue Per Share
10.347
Quarterly Revenue Growth
0.101
Return On Assets
0.0095
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.