A new trading day began on Tuesday, with Braze Inc (NASDAQ: BRZE) stock price up 1.43% from the previous day of trading, before settling in for the closing price of $31.76. BRZE’s price has ranged from $29.18 to $61.53 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 49.10%. Meanwhile, its annual earnings per share averaged 127.58%. With a float of $72.50 million, this company’s outstanding shares have now reached $73.04 million.
The extent of productivity of a business whose workforce counts for 1548 workers is very important to gauge. In terms of profitability, gross margin is 68.77%, operating margin of -25.02%, and the pretax margin is -21.63%.
Braze Inc (BRZE) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Braze Inc is 29.43%, while institutional ownership is 58.79%. The most recent insider transaction that took place on Nov 01 ’24, was worth 142,785. In this transaction Chief Financial Officer of this company sold 4,500 shares at a rate of $31.73, taking the stock ownership to the 216,208 shares. Before that another transaction happened on Oct 11 ’24, when Company’s 10% Owner sold 56,830 for $30.27, making the entire transaction worth $1,720,244. This insider now owns 56,830 shares in total.
Braze Inc (BRZE) Latest Financial update
In its latest quarterly report, released on 7/31/2024, the company reported earnings of -0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 127.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -39.33% drop over the previous five years of trading.
Braze Inc (NASDAQ: BRZE) Trading Performance Indicators
Here are Braze Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.18. Likewise, its price to free cash flow for the trailing twelve months is 221.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.18, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of Braze Inc (BRZE)
The latest stats from [Braze Inc, BRZE] show that its last 5-days average volume of 0.81 million was inferior to 1.02 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.19%. Additionally, its Average True Range was 1.13.
During the past 100 days, Braze Inc’s (BRZE) raw stochastic average was set at 17.52%, which indicates a significant decrease from 90.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.15% in the past 14 days, which was lower than the 53.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.09, while its 200-day Moving Average is $42.13. Now, the first resistance to watch is $32.56. This is followed by the second major resistance level at $32.91. The third major resistance level sits at $33.59. If the price goes on to break the first support level at $31.54, it is likely to go to the next support level at $30.86. The third support level lies at $30.51 if the price breaches the second support level.
Braze Inc (NASDAQ: BRZE) Key Stats
With a market capitalization of 3.31 billion, the company has a total of 102,727K Shares Outstanding. Currently, annual sales are 471,800 K while annual income is -129,170 K. The company’s previous quarter sales were 145,500 K while its latest quarter income was -23,000 K.
