Vivid Seats Inc (SEAT) is expecting -4.01% growth in the next quarter: What can investors do to maximize their returns?

Vivid Seats Inc (NASDAQ: SEAT) on Friday, soared 5.12% from the previous trading day, before settling in for the closing price of $5.47. Within the past 52 weeks, SEAT’s price has moved between $4.70 and $8.80.

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Communication Services Sector giant saw their annual sales surged by 405.76% over the last five years. The company achieved an average annual earnings per share of -43.24%. With a float of $70.62 million, this company’s outstanding shares have now reached $133.88 million.

The firm has a total of 768 workers. Let’s measure their productivity.

Vivid Seats Inc (SEAT) Insider Activity

Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Vivid Seats Inc is 46.27%, while institutional ownership is 50.46%. The most recent insider transaction that took place on Jun 12 ’24, was worth 11,116. In this transaction Chief Strategy Officer of this company sold 2,051 shares at a rate of $5.42, taking the stock ownership to the 110,761 shares. Before that another transaction happened on Jun 12 ’24, when Company’s Chief Accounting Officer sold 725 for $5.42, making the entire transaction worth $3,930. This insider now owns 39,656 shares in total.

Vivid Seats Inc (SEAT) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -43.24% per share during the next fiscal year.

Vivid Seats Inc (NASDAQ: SEAT) Trading Performance Indicators

Vivid Seats Inc (SEAT) is currently performing well based on its current performance indicators. A quick ratio of 0.51 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 1.02. Likewise, its price to free cash flow for the trailing twelve months is 6.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.37 in one year’s time.

Technical Analysis of Vivid Seats Inc (SEAT)

Analysing the last 5-days average volume posted by the [Vivid Seats Inc, SEAT], we can find that recorded value of 1.53 million was better than the volume posted last year of 1.45 million. As of the previous 9 days, the stock’s Stochastic %D was 84.84%. Additionally, its Average True Range was 0.21.

During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 61.47%, which indicates a significant decrease from 81.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.07% in the past 14 days, which was lower than the 44.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.36, while its 200-day Moving Average is $6.07. Now, the first resistance to watch is $5.95. This is followed by the second major resistance level at $6.16. The third major resistance level sits at $6.41. If the price goes on to break the first support level at $5.49, it is likely to go to the next support level at $5.24. Should the price break the second support level, the third support level stands at $5.03.

Vivid Seats Inc (NASDAQ: SEAT) Key Stats

Market capitalization of the company is 755.72 million based on 207,652K outstanding shares. Right now, sales total 712,880 K and income totals 74,540 K. The company made 190,850 K in profit during its latest quarter, and 6,080 K in sales during its previous quarter.