A new trading day began on Friday, with Vivid Seats Inc (NASDAQ: SEAT) stock price up 3.68% from the previous day of trading, before settling in for the closing price of $3.26. SEAT’s price has ranged from $3.24 to $8.40 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 405.76%. Meanwhile, its annual earnings per share averaged -68.53%. With a float of $70.64 million, this company’s outstanding shares have now reached $131.43 million.
Let’s determine the extent of company efficiency that accounts for 768 employees. 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 Activity
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 54.44%. The most recent insider transaction that took place on Nov 13 ’24, was worth 5,431. In this transaction General Counsel of this company sold 1,382 shares at a rate of $3.93, taking the stock ownership to the 48,516 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Chief Accounting Officer sold 542 for $4.09, making the entire transaction worth $2,217. This insider now owns 46,269 shares in total.
Vivid Seats Inc (SEAT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -68.53% 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 0.94. Likewise, its price to free cash flow for the trailing twelve months is 19.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of Vivid Seats Inc (SEAT)
Looking closely at Vivid Seats Inc (NASDAQ: SEAT), its last 5-days average volume was 1.4 million, which is a drop from its year-to-date volume of 1.4 million. As of the previous 9 days, the stock’s Stochastic %D was 20.07%. Additionally, its Average True Range was 0.20.
During the past 100 days, Vivid Seats Inc’s (SEAT) raw stochastic average was set at 6.14%, which indicates a significant decrease from 30.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.78% in the past 14 days, which was lower than the 63.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.74, while its 200-day Moving Average is $4.79. However, in the short run, Vivid Seats Inc’s stock first resistance to watch stands at $3.43. Second resistance stands at $3.48. The third major resistance level sits at $3.55. If the price goes on to break the first support level at $3.30, it is likely to go to the next support level at $3.23. Should the price break the second support level, the third support level stands at $3.18.
Vivid Seats Inc (NASDAQ: SEAT) Key Stats
With a market capitalization of 728.03 million, the company has a total of 207,745K Shares Outstanding. Currently, annual sales are 712,880 K while annual income is 74,540 K. The company’s previous quarter sales were 186,610 K while its latest quarter income was 5,300 K.
