Block Inc (SQ) concluded trading on Tuesday at a closing price of $84.99, with 4.98 million shares of worth about $423.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.60% during that period and on December 31, 2024 the price saw a loss of about -2.85%. Currently the company’s common shares owned by public are about 556.32M shares, out of which, 547.89M shares are available for trading.
Stock saw a price change of -4.82% in past 5 days and over the past one month there was a price change of -4.02%. Year-to-date (YTD), SQ shares are showing a performance of 9.88% which increased to 9.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.00 but also hit the highest price of $99.26 during that period. The average intraday trading volume for Block Inc shares is 7.85 million. The stock is currently trading -7.93% below its 20-day simple moving average (SMA20), while that difference is down -0.70% for SMA50 and it goes to 16.97% higher than SMA200.
Block Inc (NYSE: SQ) currently have 556.32M outstanding shares and institutions hold larger chunk of about 61.93% of that.
The stock has a current market capitalization of $51.18B and its 3Y-monthly beta is at 2.50. PE ratio of stock for trailing 12 months is 47.75, while it has posted earnings per share of $1.78 in the same period. Its PEG reads 1.20 and has Quick Ratio of 2.06 while making debt-to-equity ratio of 0.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SQ, volatility over the week remained 2.72% while standing at 3.79% over the month.
Stock’s fiscal year EPS is expected to rise by 96.27% while it is estimated to increase by 26.00% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on December 19, 2024 offering an Outperform rating for the stock and assigned a target price of $115 to it. Coverage by Monness Crespi & Hardt stated Block Inc (SQ) stock as a Buy in their note to investors on December 13, 2024, suggesting a price target of $115 for the stock. On November 25, 2024, BMO Capital Markets Downgrade their recommendations, while on November 20, 2024, Exane BNP Paribas Downgrade their ratings for the stock with a price target of $88. Stock get an Overweight rating from Piper Sandler on November 11, 2024.
