Eventbrite Inc (NYSE: EB) on Tuesday, plunged -1.51% from the previous trading day, before settling in for the closing price of $5.30. Within the past 52 weeks, EB’s price has moved between $4.46 and $11.90.
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Annual sales at Technology sector company grew by 16.58% over the past five years. The company achieved an average annual earnings per share of 50.13%. With a float of $72.91 million, this company’s outstanding shares have now reached $85.61 million.
Let’s look at the performance matrix of the company that is accounted for 866 employees.
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 24.92%, while institutional ownership is 81.10%. The most recent insider transaction that took place on Jun 14 ’24, was worth 98,618. In this transaction CFO of this company sold 20,000 shares at a rate of $4.93, taking the stock ownership to the 636,167 shares. Before that another transaction happened on Mar 15 ’24, when Company’s CFO sold 20,000 for $5.52, making the entire transaction worth $110,496. This insider now owns 357,839 shares in total.
Eventbrite Inc (EB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 50.13% 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 1.86 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 1.52. Likewise, its price to free cash flow for the trailing twelve months is 61.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Eventbrite Inc (EB)
Eventbrite Inc (NYSE: EB) saw its 5-day average volume 1.02 million, a negative change from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 30.19%. Additionally, its Average True Range was 0.28.
During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 48.87%, which indicates a significant decrease from 51.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.14% in the past 14 days, which was higher than the 54.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.99, while its 200-day Moving Average is $6.55. Nevertheless, the first resistance level for the watch stands at $5.36 in the near term. At $5.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.59. If the price goes on to break the first support level at $5.13, it is likely to go to the next support level at $5.04. The third support level lies at $4.90 if the price breaches the second support level.
Eventbrite Inc (NYSE: EB) Key Stats
Market capitalization of the company is 506.97 million based on 97,115K outstanding shares. Right now, sales total 326,130 K and income totals -26,480 K. The company made 86,250 K in profit during its latest quarter, and -4,490 K in sales during its previous quarter.
