Vivid Seats Inc (SEAT) is gearing up for another turning point as it hit the volume of 0.93 million

QCOM

On Tuesday, Vivid Seats Inc (NASDAQ: SEAT) was -1.08% down from the session before settling in for the closing price of $5.55. A 52-week range for SEAT has been $5.11 – $9.89.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 405.76%. When this article was written, the company’s average yearly earnings per share was at -27.56%. With a float of $73.46 million, this company’s outstanding shares have now reached $133.88 million.

Considering the fact that the conglomerate employs 768 people, you should pay attention to its efficiency factor.

Vivid Seats Inc (SEAT) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Vivid Seats Inc stocks. The insider ownership of Vivid Seats Inc is 45.16%, while institutional ownership is 40.96%. The most recent insider transaction that took place on Mar 12 ’24, was worth 168,947. In this transaction Chief Technology Officer of this company sold 29,588 shares at a rate of $5.71, taking the stock ownership to the 139,925 shares. Before that another transaction happened on Mar 12 ’24, when Company’s Chief Strategy Officer sold 2,051 for $5.71, making the entire transaction worth $11,711. This insider now owns 94,955 shares in total.

Vivid Seats Inc (SEAT) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.30 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -27.56% per share during the next fiscal year.

Vivid Seats Inc (NASDAQ: SEAT) Trading Performance Indicators

You can see what Vivid Seats Inc (SEAT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 5.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.43 in one year’s time.

Technical Analysis of Vivid Seats Inc (SEAT)

Compared to the last year’s volume of 1.59 million, its volume of 1.08 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.71%. Additionally, its Average True Range was 0.20.

During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 10.29%, which indicates a significant increase from 3.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.12% in the past 14 days, which was lower than the 52.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.78, while its 200-day Moving Average is $6.65. Nevertheless, the first resistance level for the watch stands at $5.54 in the near term. At $5.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.62. If the price goes on to break the first support level at $5.46, it is likely to go to the next support level at $5.42. Should the price break the second support level, the third support level stands at $5.38.

Vivid Seats Inc (NASDAQ: SEAT) Key Stats

There are 210,178K outstanding shares of the company, which has a market capitalization of 735.39 million. As of now, sales total 712,880 K while income totals 74,540 K. Its latest quarter income was 198,300 K while its last quarter net income were 6,870 K.