$1.45M in average volume shows that Eventbrite Inc (EB) is heading in the right direction

On Tuesday, Eventbrite Inc (NYSE: EB) opened higher 1.08% from the last session, before settling in for the closing price of $3.69. Price fluctuations for EB have ranged from $2.51 to $9.20 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 16.58% over the last five years. Company’s average yearly earnings per share was noted 53.23% at the time writing. With a float of $75.72 million, this company’s outstanding shares have now reached $85.61 million.

The firm has a total of 866 workers. Let’s measure their productivity. In terms of profitability, gross margin is 68.55%, operating margin of -9.14%, and the pretax margin is -1.99%.

Eventbrite Inc (EB) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Eventbrite Inc is 21.85%, while institutional ownership is 68.91%. The most recent insider transaction that took place on Nov 13 ’24, was worth 320,548. In this transaction Director of this company sold 91,887 shares at a rate of $3.49, taking the stock ownership to the 206,590 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Chief Technology Officer sold 104,587 for $3.64, making the entire transaction worth $380,519. This insider now owns 412,994 shares in total.

Eventbrite Inc (EB) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.01 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 53.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.40% during the next five years compared to 31.15% growth over the previous five years of trading.

Eventbrite Inc (NYSE: EB) Trading Performance Indicators

Check out the current performance indicators for Eventbrite Inc (EB). In the past quarter, the stock posted a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.01 in one year’s time.

Technical Analysis of Eventbrite Inc (EB)

Analysing the last 5-days average volume posted by the [Eventbrite Inc, EB], we can find that recorded value of 1.67 million was lower than the volume posted last year of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 70.36%. Additionally, its Average True Range was 0.20.

During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 35.78%, which indicates a significant decrease from 73.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.56% in the past 14 days, which was lower than the 67.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.10, while its 200-day Moving Average is $4.54. Now, the first resistance to watch is $3.80. This is followed by the second major resistance level at $3.88. The third major resistance level sits at $3.99. If the price goes on to break the first support level at $3.62, it is likely to go to the next support level at $3.51. Should the price break the second support level, the third support level stands at $3.43.

Eventbrite Inc (NYSE: EB) Key Stats

There are currently 96,881K shares outstanding in the company with a market cap of 361.38 million. Presently, the company’s annual sales total 326,130 K according to its annual income of -26,480 K. Last quarter, the company’s sales amounted to 77,800 K and its income totaled -3,770 K.