A new trading day began on Monday, with Vivid Seats Inc (NASDAQ: SEAT) stock price down -5.80% from the previous day of trading, before settling in for the closing price of $4.14. SEAT’s price has ranged from $3.36 to $8.80 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 405.76% over the past five years. Meanwhile, its annual earnings per share averaged -64.24%. With a float of $70.89 million, this company’s outstanding shares have now reached $133.88 million.
Let’s look at the performance matrix of the company that is accounted for 768 employees. In terms of profitability, gross margin is 71.73%, operating margin of 8.03%, and the pretax margin is 5.02%.
Vivid Seats Inc (SEAT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Vivid Seats Inc is 46.24%, while institutional ownership is 52.34%. The most recent insider transaction that took place on Sep 12 ’24, was worth 12,493. In this transaction Chief Strategy Officer of this company sold 3,100 shares at a rate of $4.03, taking the stock ownership to the 124,938 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Chief Accounting Officer sold 726 for $4.03, making the entire transaction worth $2,926. This insider now owns 44,994 shares in total.
Vivid Seats Inc (SEAT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -64.24% per share during the next fiscal year.
Vivid Seats Inc (NASDAQ: SEAT) Trading Performance Indicators
Here are Vivid Seats Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 5.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Vivid Seats Inc (SEAT)
Vivid Seats Inc (NASDAQ: SEAT) saw its 5-day average volume 0.7 million, a negative change from its year-to-date volume of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 83.79%. Additionally, its Average True Range was 0.19.
During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 21.26%, which indicates a significant decrease from 67.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.37% in the past 14 days, which was higher than the 60.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.07, while its 200-day Moving Average is $5.15. Nevertheless, the first resistance level for the watch stands at $4.06 in the near term. At $4.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.30. If the price goes on to break the first support level at $3.82, it is likely to go to the next support level at $3.73. The third support level lies at $3.58 if the price breaches the second support level.
Vivid Seats Inc (NASDAQ: SEAT) Key Stats
With a market capitalization of 514.25 million, the company has a total of 207,652K Shares Outstanding. Currently, annual sales are 712,880 K while annual income is 74,540 K. The company’s previous quarter sales were 198,320 K while its latest quarter income was -1,060 K.
