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The closing price of Eventbrite Inc (NYSE: EB) was $3.48 for the day, down -0.57% from the previous closing price of $3.50. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 1.76 million shares were traded. EB stock price reached its highest trading level at $3.565 during the session, while it also had its lowest trading level at $3.41.
Ratios:
Our analysis of EB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.34.
On August 09, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $9 to $4.
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 Nov 13 ’24 when August-deWilde Katherine sold 91,887 shares for $3.49 per share. The transaction valued at 320,548 led to the insider holds 206,590 shares of the business.
Sagi Vivek sold 104,587 shares of EB for $380,519 on Nov 12 ’24. The Chief Technology Officer now owns 412,994 shares after completing the transaction at $3.64 per share. On Nov 13 ’24, another insider, August-deWilde Katherine, who serves as the Director of the company, bought 91,907 shares for $3.64 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EB now has a Market Capitalization of 337145504 and an Enterprise Value of 24884458. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 0.074 whereas that against EBITDA is -1.21.
Stock Price History:
The Beta on a monthly basis for EB is 2.28, which has changed by -0.4905386 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, EB has reached a high of $9.20, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is 14.75%, while the 200-Day Moving Average is calculated to be -25.83%.
Shares Statistics:
EB traded an average of 1.53M shares per day over the past three months and 2393240 shares per day over the past ten days. A total of 85.61M shares are outstanding, with a floating share count of 76.91M. Insiders hold about 20.61% of the company’s shares, while institutions hold 70.11% stake in the company. Shares short for EB as of 1730332800 were 5784987 with a Short Ratio of 3.78, compared to 1727654400 on 7291134. Therefore, it implies a Short% of Shares Outstanding of 5784987 and a Short% of Float of 7.28.
