Brightcove Inc (BCOV) with a beta value of 0.83 appears to be a promising investment opportunity.

Brightcove Inc (NASDAQ: BCOV) kicked off on Friday, up 5.98% from the previous trading day, before settling in for the closing price of $3.01. Over the past 52 weeks, BCOV has traded in a range of $1.55-$3.08.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 4.23%. While this was happening, its average annual earnings per share was recorded 100.00%. With a float of $41.45 million, this company’s outstanding shares have now reached $43.70 million.

Considering the fact that the conglomerate employs 671 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 60.7%, operating margin of -7.05%, and the pretax margin is -4.02%.

Brightcove Inc (BCOV) Breakdown of a Key Holders of the stock

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 8.16%, while institutional ownership is 69.50%. 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) Recent Fiscal highlights

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 0.0 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 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.76. Likewise, its price to free cash flow for the trailing twelve months is 39.43.

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)

Compared to the last year’s volume of 0.25 million, its volume of 0.43 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.55%. Additionally, its Average True Range was 0.14.

During the past 100 days, Brightcove Inc’s (BCOV) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.30% in the past 14 days, which was higher than the 59.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.39, while its 200-day Moving Average is $2.17. Nevertheless, the first resistance level for the watch stands at $3.25 in the near term. At $3.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.43. If the price goes on to break the first support level at $3.07, it is likely to go to the next support level at $2.95. Now, if the price goes above the second support level, the third support stands at $2.89.

Brightcove Inc (NASDAQ: BCOV) Key Stats

The company with the Market Capitalisation of 152.59 million has total of 45,136K 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 49,950 K and last quarter income was -2,960 K.