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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.1 million shares were traded. BZFD stock price reached its highest trading level at $3.38 during the session, while it also had its lowest trading level at $3.102.
Ratios:
We take a closer look at BZFD’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 31 ’24 when Johnson John S. III sold 104,000 shares for $2.85 per share. The transaction valued at 296,067 led to the insider holds 1,091,195 shares of the business.
COMCAST CORP sold 3,176,923 shares of BZFD for $10,145,821 on May 22 ’24. The 10% Owner now owns 2,000,000 shares after completing the transaction at $3.19 per share. On Jan 29 ’24, another insider, Johnson John S. III, who serves as the Member of 10% Group of the company, sold 50,000 shares for $0.19 each. As a result, the insider received 9,440 and left with 4,780,779 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 121603200 and an Enterprise Value of 212064640. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 0.971 whereas that against EBITDA is 21.806.
Stock Price History:
Over the past 52 weeks, BZFD has reached a high of $4.56, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 18.84%, while the 200-Day Moving Average is calculated to be 43.08%.
Shares Statistics:
According to the various share statistics, BZFD traded on average about 543.42K shares per day over the past 3-months and 1529090 shares per day over the past 10 days. A total of 35.03M shares are outstanding, with a floating share count of 16.79M. Insiders hold about 55.83% of the company’s shares, while institutions hold 7.86% stake in the company. Shares short for BZFD as of 1730332800 were 695602 with a Short Ratio of 1.28, compared to 1727654400 on 922700. Therefore, it implies a Short% of Shares Outstanding of 695602 and a Short% of Float of 3.25.
