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Vivid Seats Inc (NASDAQ: SEAT) closed the day trading at $5.45 down -4.05% from the previous closing price of $5.68. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 1.05 million shares were traded. SEAT stock price reached its highest trading level at $5.7 during the session, while it also had its lowest trading level at $5.44.
Ratios:
For a better understanding of SEAT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 2.00.
On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $7.
On February 09, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.Craig Hallum initiated its Buy rating on February 09, 2024, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 12 ’24 when Bakal Riva sold 2,051 shares for $5.42 per share. The transaction valued at 11,116 led to the insider holds 110,761 shares of the business.
Pickus Edward sold 725 shares of SEAT for $3,930 on Jun 12 ’24. The Chief Accounting Officer now owns 39,656 shares after completing the transaction at $5.42 per share. On May 13 ’24, another insider, Epstein Emily T, who serves as the General Counsel of the company, sold 1,381 shares for $5.55 each. As a result, the insider received 7,665 and left with 34,243 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SEAT now has a Market Capitalization of 1179461760 and an Enterprise Value of 1302072704. As of this moment, Vivid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.54, and their Forward P/E ratio for the next fiscal year is 14.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 5.23. Its current Enterprise Value per Revenue stands at 1.753 whereas that against EBITDA is 13.405.
Stock Price History:
Over the past 52 weeks, SEAT has reached a high of $8.80, while it has fallen to a 52-week low of $4.70. The 50-Day Moving Average of the stock is 2.71%, while the 200-Day Moving Average is calculated to be -9.49%.
Shares Statistics:
Over the past 3-months, SEAT traded about 1.22M shares per day on average, while over the past 10 days, SEAT traded about 973340 shares per day. A total of 133.88M shares are outstanding, with a floating share count of 70.62M. Insiders hold about 46.27% of the company’s shares, while institutions hold 51.07% stake in the company. Shares short for SEAT as of 1719532800 were 11125241 with a Short Ratio of 9.13, compared to 1717113600 on 11529197. Therefore, it implies a Short% of Shares Outstanding of 11125241 and a Short% of Float of 31.59.
