On Monday, BuzzFeed Inc (NASDAQ: BZFD) opened higher 15.01% from the last session, before settling in for the closing price of $2.77. Price fluctuations for BZFD have ranged from $0.64 to $4.56 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales slided by -5.45%. With a float of $16.68 million, this company’s outstanding shares have now reached $35.03 million.
The extent of productivity of a business whose workforce counts for 925 workers is very important to gauge. In terms of profitability, gross margin is 39.63%, operating margin of -8.47%, and the pretax margin is -17.23%.
BuzzFeed Inc (BZFD) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of BuzzFeed Inc is 55.86%, while institutional ownership is 7.12%. The most recent insider transaction that took place on May 31 ’24, was worth 296,067. In this transaction Member of 10% Group of this company sold 104,000 shares at a rate of $2.85, taking the stock ownership to the 1,091,195 shares. Before that another transaction happened on May 22 ’24, when Company’s 10% Owner sold 3,176,923 for $3.19, making the entire transaction worth $10,145,821. This insider now owns 2,000,000 shares in total.
BuzzFeed Inc (BZFD) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2023, the company posted -3 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.12) by -2.88. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
BuzzFeed Inc (NASDAQ: BZFD) Trading Performance Indicators
Check out the current performance indicators for BuzzFeed Inc (BZFD). In the past quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.86
Technical Analysis of BuzzFeed Inc (BZFD)
The latest stats from [BuzzFeed Inc, BZFD] show that its last 5-days average volume of 0.87 million was inferior to 1.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.27%. Additionally, its Average True Range was 0.19.
During the past 100 days, BuzzFeed Inc’s (BZFD) raw stochastic average was set at 73.03%, which indicates a significant decrease from 90.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.12% in the past 14 days, which was higher than the 81.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.61, while its 200-day Moving Average is $2.16. Now, the first resistance to watch is $3.40. This is followed by the second major resistance level at $3.61. The third major resistance level sits at $3.95. If the price goes on to break the first support level at $2.84, it is likely to go to the next support level at $2.50. The third support level lies at $2.29 if the price breaches the second support level.
BuzzFeed Inc (NASDAQ: BZFD) Key Stats
There are currently 37,795K shares outstanding in the company with a market cap of 121.28 million. Presently, the company’s annual sales total 252,680 K according to its annual income of -88,580 K. Last quarter, the company’s sales amounted to 46,930 K and its income totaled -7,490 K.
