Brightcove Inc (NASDAQ: BCOV) kicked off on Tuesday, up 19.16% from the previous trading day, before settling in for the closing price of $2.14. Over the past 52 weeks, BCOV has traded in a range of $1.55-$2.70.
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During the last 5-year period, the sales growth of Technology Sector giant was 4.23%. While this was happening, its average annual earnings per share was recorded 100.00%. With a float of $41.25 million, this company’s outstanding shares have now reached $43.70 million.
Let’s determine the extent of company efficiency that accounts for 671 employees. In terms of profitability, gross margin is 60.7%, operating margin of -7.05%, and the pretax margin is -4.02%.
Brightcove Inc (BCOV) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Brightcove Inc is 8.18%, while institutional ownership is 73.87%. The most recent insider transaction that took place on Oct 18 ’24, was worth 13,609. In this transaction 10% Owner of this company bought 6,562 shares at a rate of $2.07, taking the stock ownership to the 6,658,097 shares. Before that another transaction happened on Oct 21 ’24, when Company’s 10% Owner bought 3,500 for $2.08, making the entire transaction worth $7,269. This insider now owns 6,661,597 shares in total.
Brightcove Inc (BCOV) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.04 earnings per share (EPS), higher than consensus estimate (set at 0.01) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 100.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -6.25% drop over the previous five years of trading.
Brightcove Inc (NASDAQ: BCOV) Trading Performance Indicators
Take a look at Brightcove Inc’s (BCOV) current performance indicators. Last quarter, 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 0.57. Likewise, its price to free cash flow for the trailing twelve months is 11.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.20, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Brightcove Inc (BCOV)
Looking closely at Brightcove Inc (NASDAQ: BCOV), its last 5-days average volume was 0.47 million, which is a jump from its year-to-date volume of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 33.72%. Additionally, its Average True Range was 0.15.
During the past 100 days, Brightcove Inc’s (BCOV) raw stochastic average was set at 65.07%, which indicates a significant increase from 60.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.18% in the past 14 days, which was higher than the 61.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.17, while its 200-day Moving Average is $2.13. However, in the short run, Brightcove Inc’s stock first resistance to watch stands at $2.80. Second resistance stands at $3.05. The third major resistance level sits at $3.23. If the price goes on to break the first support level at $2.37, it is likely to go to the next support level at $2.20. Should the price break the second support level, the third support level stands at $1.95.
Brightcove Inc (NASDAQ: BCOV) Key Stats
The company with the Market Capitalisation of 114.55 million has total of 44,922K Shares Outstanding. Its annual sales at the moment are 201,190 K in contrast with the sum of -22,890 K annual income. Company’s last quarter sales were recorded 49,250 K and last quarter income was -5,250 K.
