Vivid Seats Inc (NASDAQ: SEAT) on Tuesday, soared 3.04% from the previous trading day, before settling in for the closing price of $3.95. Within the past 52 weeks, SEAT’s price has moved between $3.36 and $8.80.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 405.76%. The company achieved an average annual earnings per share of -64.24%. With a float of $70.82 million, this company’s outstanding shares have now reached $133.88 million.
The extent of productivity of a business whose workforce counts for 768 workers is very important to gauge. 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
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Vivid Seats Inc is 46.29%, while institutional ownership is 52.29%. The most recent insider transaction that took place on Oct 21 ’24, was worth 2,217. In this transaction Chief Accounting Officer of this company sold 542 shares at a rate of $4.09, taking the stock ownership to the 46,269 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Chief Strategy Officer sold 1,730 for $4.09, making the entire transaction worth $7,076. This insider now owns 127,059 shares in total.
Vivid Seats Inc (SEAT) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at 0.04) by 0.03. 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 -64.24% 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 0.73 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 0.69. Likewise, its price to free cash flow for the trailing twelve months is 6.01.
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)
The latest stats from [Vivid Seats Inc, SEAT] show that its last 5-days average volume of 0.67 million was inferior to 1.4 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.00%. Additionally, its Average True Range was 0.17.
During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 27.95%, which indicates a significant decrease from 82.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.15% in the past 14 days, which was lower than the 59.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.06, while its 200-day Moving Average is $5.08. Now, the first resistance to watch is $4.13. This is followed by the second major resistance level at $4.19. The third major resistance level sits at $4.29. If the price goes on to break the first support level at $3.96, it is likely to go to the next support level at $3.86. The third support level lies at $3.80 if the price breaches the second support level.
Vivid Seats Inc (NASDAQ: SEAT) Key Stats
Market capitalization of the company is 536.67 million based on 208,083K outstanding shares. Right now, sales total 712,880 K and income totals 74,540 K. The company made 198,320 K in profit during its latest quarter, and -1,060 K in sales during its previous quarter.
