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Stock Charts AI Power Rank: 0.7
Power Rank trend -> Falling
07/26/2024 16:28:00 EST
Block Inc (SQ)
Industry: Software - Infrastructure
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, SQ has been trading in a range between $72.07 and $63.84 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Block Inc $SQ entered a Red zone 4 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $74.57, a potential upside of 23.91% from the recent price of 60.18. The stock is trading 45.43% (potential upside) below its 52 week high of $87.52 and 54.9 % (potential downside) above its 52 week low of $38.85 - based on the recent price.
Company Summary
Block, Inc, together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App.
News
| The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Block, Inc. ("Block" or "the Company") (NYSE:SQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Source: Accesswire Fri, 26 Jul 2024 17:00:00 -0400 Sentiment: Neutral |
| Square Teams With US Foods as Restaurants Face Digital Opportunities Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,” the companies said in a news release Thursday (July 25). Source: PYMNTS Thu, 25 Jul 2024 15:53:20 -0400 Sentiment: Positive |
| The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws LOS ANGELES, CA / ACCESSWIRE / July 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Block, Inc. ("Block" or "the Company") (NYSE:SQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Source: Accesswire Thu, 25 Jul 2024 15:30:00 -0400 Sentiment: Neutral |
| Block (SQ) Earnings Expected to Grow: Should You Buy? Block (SQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Source: Zacks Investment Research Thu, 25 Jul 2024 11:07:06 -0400 Sentiment: Positive |
| Pay Attention! 3 Ignored Stocks to Buy Right Now With the markets cooling down and investors rotating out of the “Magnificent 7” to take their profits, it's time to take a look at some stocks that have been ignored as of late. The companies that have seen their stocks soar this year are great businesses. Source: InvestorPlace Thu, 25 Jul 2024 07:45:00 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 87.52 52 Week Low: 38.85 Beta: 2.522 50 Day MA: 66.0494 200 Day MA: 66.8271 Earnings / Revenue Trends Qtr Earnings Growth YOY: 3.625 Qtr Revenue Growth YOY: 0.194 Forward PE: 23.8095 Trailing PE: 102.6333