Vivid Seats Inc (NASDAQ: SEAT) kicked off on Tuesday, down -1.35% from the previous trading day, before settling in for the closing price of $5.91. Over the past 52 weeks, SEAT has traded in a range of $5.11-$9.89.
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A company in the Communication Services sector has jumped its sales by 405.76% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -34.23%. With a float of $73.46 million, this company’s outstanding shares have now reached $133.88 million.
In an organization with 768 employees, it is important to assess its efficiency.
Vivid Seats Inc (SEAT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Vivid Seats Inc is 45.16%, while institutional ownership is 40.94%. The most recent insider transaction that took place on Apr 22 ’24, was worth 6,702. In this transaction Chief Strategy Officer of this company sold 1,136 shares at a rate of $5.90, taking the stock ownership to the 97,670 shares. Before that another transaction happened on Apr 22 ’24, when Company’s Chief Accounting Officer sold 537 for $5.90, making the entire transaction worth $3,168. This insider now owns 35,434 shares in total.
Vivid Seats Inc (SEAT) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 0.15 earnings per share (EPS), higher than consensus estimate (set at 0.08) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.23% per share during the next fiscal year.
Vivid Seats Inc (NASDAQ: SEAT) Trading Performance Indicators
Take a look at Vivid Seats Inc’s (SEAT) current performance indicators. Last quarter, stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10. Likewise, its price to free cash flow for the trailing twelve months is 5.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.40 in one year’s time.
Technical Analysis of Vivid Seats Inc (SEAT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.22 million. That was inferior than the volume of 1.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.72%. Additionally, its Average True Range was 0.20.
During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 19.50%, which indicates a significant decrease from 75.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.37% in the past 14 days, which was lower than the 51.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.80, while its 200-day Moving Average is $6.60. However, in the short run, Vivid Seats Inc’s stock first resistance to watch stands at $5.92. Second resistance stands at $6.01. The third major resistance level sits at $6.09. If the price goes on to break the first support level at $5.76, it is likely to go to the next support level at $5.68. Assuming the price breaks the second support level, the third support level stands at $5.59.
Vivid Seats Inc (NASDAQ: SEAT) Key Stats
The company with the Market Capitalisation of 780.93 million has total of 210,178K Shares Outstanding. Its annual sales at the moment are 712,880 K in contrast with the sum of 74,540 K annual income. Company’s last quarter sales were recorded 198,300 K and last quarter income was 6,870 K.
