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The closing price of Braze Inc (NASDAQ: BRZE) was $31.46 for the day, down -1.69% from the previous closing price of $32.00. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.73 million shares were traded. BRZE stock price reached its highest trading level at $32.28 during the session, while it also had its lowest trading level at $31.3.
Ratios:
Our analysis of BRZE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 216.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Macquarie on Nov-01-24, initiated with a Neutral rating and assigned the stock a target price of $30.
On October 22, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $37.
Scotiabank Upgraded its Sector Perform to Sector Outperform on July 10, 2024, while the target price for the stock was maintained at $56.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 11 ’24 when Lee Roger H sold 56,830 shares for $30.27 per share. The transaction valued at 1,720,244 led to the insider holds 56,830 shares of the business.
Machado Fernando sold 1,377 shares of BRZE for $42,205 on Oct 07 ’24. The Director now owns 8,937 shares after completing the transaction at $30.65 per share. On Oct 07 ’24, another insider, Machado Fernando, who serves as the Director of the company, bought 1,377 shares for $30.65 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRZE now has a Market Capitalization of 3231791360 and an Enterprise Value of 2815621376. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.03 while its Price-to-Book (P/B) ratio in mrq is 7.07. Its current Enterprise Value per Revenue stands at 5.254 whereas that against EBITDA is -21.264.
Stock Price History:
Over the past 52 weeks, BRZE has reached a high of $61.53, while it has fallen to a 52-week low of $29.18. The 50-Day Moving Average of the stock is -9.75%, while the 200-Day Moving Average is calculated to be -25.91%.
Shares Statistics:
BRZE traded an average of 1.20M shares per day over the past three months and 950720 shares per day over the past ten days. A total of 73.04M shares are outstanding, with a floating share count of 72.50M. Insiders hold about 29.43% of the company’s shares, while institutions hold 58.71% stake in the company. Shares short for BRZE as of 1728950400 were 4456817 with a Short Ratio of 3.72, compared to 1726185600 on 4671007. Therefore, it implies a Short% of Shares Outstanding of 4456817 and a Short% of Float of 5.7800002.
