A new trading day began on Monday, with Vivid Seats Inc (NASDAQ: SEAT) stock price up 8.25% from the previous day of trading, before settling in for the closing price of $3.58. SEAT’s price has ranged from $3.36 to $8.80 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 405.76% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -67.10%. With a float of $70.82 million, this company’s outstanding shares have now reached $133.88 million.
In an organization with 768 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 71.6%, operating margin of 6.84%, and the pretax margin is 4.36%.
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 46.29%, while institutional ownership is 53.91%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.09 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 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -67.10% 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 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99. Likewise, its price to free cash flow for the trailing twelve months is 20.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of Vivid Seats Inc (SEAT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.51 million. That was better than the volume of 1.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 27.95%. Additionally, its Average True Range was 0.22.
During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 20.08%, which indicates a significant decrease from 49.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.83% in the past 14 days, which was lower than the 62.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.95, while its 200-day Moving Average is $5.00. However, in the short run, Vivid Seats Inc’s stock first resistance to watch stands at $4.00. Second resistance stands at $4.12. The third major resistance level sits at $4.37. If the price goes on to break the first support level at $3.63, it is likely to go to the next support level at $3.38. The third support level lies at $3.26 if the price breaches the second support level.
Vivid Seats Inc (NASDAQ: SEAT) Key Stats
With a market capitalization of 768.51 million, the company has a total of 208,083K 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.
