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After finishing at $2.69 in the prior trading day, BuzzFeed Inc (NASDAQ: BZFD) closed at $2.52, down -6.32%. In other words, the price has decreased by -$6.32 from its previous closing price. On the day, 0.75 million shares were traded. BZFD stock price reached its highest trading level at $2.71 during the session, while it also had its lowest trading level at $2.38.
Ratios:
Our goal is to gain a better understanding of BZFD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 the company, Cowen on November 22, 2022, Downgraded its rating to Market Perform and sets its target price to $2 from $3 previously.
On August 11, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $4.50 to $2.
On February 04, 2022, BofA Securities started tracking the stock assigning a Neutral rating and target price of $5.BofA Securities initiated its Neutral rating on February 04, 2022, with a $5 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 Dec 13 ’24 when Rolle Janet L sold 30,801 shares for $3.50 per share. The transaction valued at 107,662 led to the insider holds 122,904 shares of the business.
Johnson John S. III sold 104,000 shares of BZFD for $296,067 on May 31 ’24. The Member of 10% Group now owns 1,091,195 shares after completing the transaction at $2.85 per share. On May 22 ’24, another insider, COMCAST CORP, who serves as the 10% Owner of the company, sold 3,176,923 shares for $3.19 each. As a result, the insider received 10,145,821 and left with 2,000,000 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, BZFD now has a Market Capitalization of 95762520 and an Enterprise Value of 193369216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 0.886 whereas that against EBITDA is 19.884.
Stock Price History:
The Beta on a monthly basis for BZFD is 3.73, which has changed by 2.7994351 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, BZFD has reached a high of $5.68, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is -24.70%, while the 200-Day Moving Average is calculated to be -6.12%.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 534970 shares per day over the last 10 days, according to various share statistics. A total of 36.61M shares are outstanding, with a floating share count of 16.70M. Insiders hold about 56.06% of the company’s shares, while institutions hold 5.94% stake in the company. Shares short for BZFD as of 1735603200 were 714619 with a Short Ratio of 0.67, compared to 1732838400 on 419778. Therefore, it implies a Short% of Shares Outstanding of 714619 and a Short% of Float of 3.3000000000000003.
