The price of Block Inc (NYSE:SQ) shares last traded on Wall Street rose 1.80% to $92.42.
SQ stock price is now 28.08% away from the 50-day moving average and 31.74% away from the 200-day moving average. The market capitalization of the company currently stands at $56.87B.
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, while ‘New Street’ rates the stock as ‘Neutral’
In other news, BRIAN GRASSADONIA, Officer bought 341 shares of the company’s stock on Nov 18 ’24. The stock was bought for $28,531 at an average price of $83.67. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, Officer CHRISTINEGRACE GANAL ESPERANZA bought 687 shares of the business’s stock. A total of $61,830 was incurred on buying the stock at an average price of $90.00. A total of 11.44% of the company’s stock is owned by insiders.
During the past 12 months, Block Inc has had a low of $55.00 and a high of $91.83. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 2.07, and a quick ratio of 2.06. According to the stock market information, the enterprise value for the company is $55818788864, which is based on a 51.92 price-to-earnings ratio, a 1.31 price-to-earnings-growth ratio, and a beta of 2.50. The fifty day moving average price for SQ is $71.5354 and a two-hundred day moving average price translates $70.02225 for the stock.
The latest earnings results from Block Inc (NYSE: SQ) was released for 2024-09-30. The net profit margin was 4.73% and return on equity was 5.98% for SQ. The company reported revenue of $5.98 billion for the quarter, compared to $5.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.38 percent.
