Eventbrite Inc (NYSE: EB) kicked off on Friday, up 3.81% from the previous trading day, before settling in for the closing price of $2.89. Over the past 52 weeks, EB has traded in a range of $2.51-$9.20.
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A company in the Technology sector has jumped its sales by 16.58% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 12.88%. With a float of $75.07 million, this company’s outstanding shares have now reached $85.61 million.
In an organization with 866 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 68.51%, operating margin of -9.81%, and the pretax margin is -3.62%.
Eventbrite Inc (EB) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Eventbrite Inc is 21.89%, while institutional ownership is 76.50%. The most recent insider transaction that took place on Sep 13 ’24, was worth 60,626. In this transaction COO & CFO of this company sold 20,000 shares at a rate of $3.03, taking the stock ownership to the 628,152 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 20,000 for $3.03, making the entire transaction worth $60,624.
Eventbrite Inc (EB) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.1 earnings per share (EPS), higher than consensus estimate (set at -0.11) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.88% 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
Take a look at Eventbrite Inc’s (EB) current performance indicators. Last quarter, stock had a quick ratio of 1.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85. Likewise, its price to free cash flow for the trailing twelve months is 179.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Eventbrite Inc (EB)
Let’s dig in a bit further. During the last 5-days, its volume was 1.08 million. That was inferior than the volume of 1.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.29%. Additionally, its Average True Range was 0.14.
During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 14.37%, which indicates a significant decrease from 93.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.65% in the past 14 days, which was lower than the 67.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.95, while its 200-day Moving Average is $5.06. However, in the short run, Eventbrite Inc’s stock first resistance to watch stands at $3.05. Second resistance stands at $3.09. The third major resistance level sits at $3.17. If the price goes on to break the first support level at $2.93, it is likely to go to the next support level at $2.85. The third support level lies at $2.81 if the price breaches the second support level.
Eventbrite Inc (NYSE: EB) Key Stats
The company with the Market Capitalisation of 288.30 million has total of 97,115K Shares Outstanding. Its annual sales at the moment are 326,130 K in contrast with the sum of -26,480 K annual income. Company’s last quarter sales were recorded 84,550 K and last quarter income was 1,060 K.
