|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's range||64.56 - 67.21|
|52-week range||51.34 - 145.58|
|Beta (5Y monthly)||2.35|
|PE ratio (TTM)||N/A|
|Earnings date||03 May 2023 - 08 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||95.65|
The report, published by the investment firm Hindenburg Research, made a series of damning allegations about Block's peer-to-peer (P2P) payment app, Cash App, which is an integral part of the fintech's business. Could this represent a good opportunity to scoop up Block's shares on the dip? Hindenburg Research's report is long, detailed, and comprehensive.
Block (SQ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Block (NYSE: SQ), the fintech company formerly known as Square, went public on Nov. 19, 2015, at $9 per share. Let's see why Block's stock soared, why it stumbled, and where it might be headed. When Block went public, it generated most of its revenue from its Square ecosystem of digital payment services for small to medium-sized businesses.