Eventbrite Inc (NYSE: EB) on Friday, plunged -4.00% from the previous trading day, before settling in for the closing price of $3.50. Within the past 52 weeks, EB’s price has moved between $2.51 and $9.20.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 18.09% over the past five years. The company achieved an average annual earnings per share of 53.23%. With a float of $75.77 million, this company’s outstanding shares have now reached $80.75 million.
Let’s look at the performance matrix of the company that is accounted for 866 employees. 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 and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Eventbrite Inc is 21.79%, while institutional ownership is 69.03%. The most recent insider transaction that took place on Dec 13 ’24, was worth 71,050. In this transaction COO of this company sold 20,000 shares at a rate of $3.55, taking the stock ownership to the 617,487 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Officer proposed sale 20,000 for $3.55, making the entire transaction worth $71,048.
Eventbrite Inc (EB) Latest Financial update
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.
Eventbrite Inc (NYSE: EB) Trading Performance Indicators
Eventbrite Inc (EB) is currently performing well based on its current performance indicators. A quick ratio of 1.55 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.
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)
Eventbrite Inc (NYSE: EB) saw its 5-day average volume 0.65 million, a negative change from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 48.84%. Additionally, its Average True Range was 0.17.
During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 50.33%, which indicates a significant increase from 28.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.57% in the past 14 days, which was lower than the 49.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.56, while its 200-day Moving Average is $4.02. Nevertheless, the first resistance level for the watch stands at $3.51 in the near term. At $3.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.74. If the price goes on to break the first support level at $3.28, it is likely to go to the next support level at $3.19. The third support level lies at $3.05 if the price breaches the second support level.
Eventbrite Inc (NYSE: EB) Key Stats
Market capitalization of the company is 325.52 million based on 96,881K outstanding shares. Right now, sales total 326,130 K and income totals -26,480 K. The company made 77,800 K in profit during its latest quarter, and -3,770 K in sales during its previous quarter.
