Eventbrite Inc (NYSE: EB) on Monday, plunged -4.40% from the previous trading day, before settling in for the closing price of $5.45. Within the past 52 weeks, EB’s price has moved between $5.05 and $11.90.
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A company in the Technology sector has jumped its sales by 16.58% annually for the last half of the decade. The company achieved an average annual earnings per share of 36.35%. With a float of $79.49 million, this company’s outstanding shares have now reached $85.61 million.
In an organization with 866 employees, it is important to assess its efficiency.
Eventbrite Inc (EB) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Eventbrite Inc is 21.97%, while institutional ownership is 77.81%. The most recent insider transaction that took place on Mar 15 ’24, was worth 110,496. In this transaction CFO of this company sold 20,000 shares at a rate of $5.52, taking the stock ownership to the 357,839 shares. Before that another transaction happened on Dec 15 ’23, when Company’s Chief Financial Officer sold 20,000 for $8.34, making the entire transaction worth $166,846. This insider now owns 361,319 shares in total.
Eventbrite Inc (EB) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.40% during the next five years compared to 31.15% growth over the previous five years of trading.
Eventbrite Inc (NYSE: EB) Trading Performance Indicators
Eventbrite Inc (EB) is currently performing well based on its current performance indicators. A quick ratio of 1.99 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 32.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Eventbrite Inc (EB)
Let’s dig in a bit further. During the last 5-days, its volume was 1.59 million. That was inferior than the volume of 1.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.97%. Additionally, its Average True Range was 0.31.
During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 3.86%, which indicates a significant decrease from 4.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.12% in the past 14 days, which was lower than the 74.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.55, while its 200-day Moving Average is $8.39. However, in the short run, Eventbrite Inc’s stock first resistance to watch stands at $5.43. Second resistance stands at $5.66. The third major resistance level sits at $5.77. If the price goes on to break the first support level at $5.09, it is likely to go to the next support level at $4.98. The third support level lies at $4.75 if the price breaches the second support level.
Eventbrite Inc (NYSE: EB) Key Stats
Market capitalization of the company is 530.74 million based on 101,868K outstanding shares. Right now, sales total 326,130 K and income totals -26,480 K. The company made 87,760 K in profit during its latest quarter, and -940 K in sales during its previous quarter.
