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The price of Braze Inc (NASDAQ: BRZE) closed at $44.06 in the last session, up 2.66% from day before closing price of $42.92. In other words, the price has increased by $2.66 from its previous closing price. On the day, 1.29 million shares were traded. BRZE stock price reached its highest trading level at $44.3 during the session, while it also had its lowest trading level at $42.91.
Ratios:
We take a closer look at BRZE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.17.
On May 29, 2024, Oppenheimer reiterated its Outperform rating and also upped its target price recommendation from $75 to $60.
UBS Upgraded its Neutral to Buy on March 21, 2024, while the target price for the stock was maintained at $62.
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 Jul 29 ’24 when Wiseman Susan sold 7,500 shares for $43.04 per share. The transaction valued at 322,800 led to the insider holds 214,340 shares of the business.
Wiseman Susan sold 7,079 shares of BRZE for $298,592 on Jul 25 ’24. The General Counsel now owns 221,840 shares after completing the transaction at $42.18 per share. On Jul 17 ’24, another insider, Wiseman Susan, who serves as the General Counsel of the company, sold 5,496 shares for $42.00 each. As a result, the insider received 230,832 and left with 221,840 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, BRZE now has a Market Capitalization of 4448958464 and an Enterprise Value of 3965722624. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.86 while its Price-to-Book (P/B) ratio in mrq is 10.21. Its current Enterprise Value per Revenue stands at 7.845 whereas that against EBITDA is -28.262.
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 $33.93. The 50-Day Moving Average of the stock is 13.54%, while the 200-Day Moving Average is calculated to be -6.16%.
Shares Statistics:
According to the various share statistics, BRZE traded on average about 1.08M shares per day over the past 3-months and 933970 shares per day over the past 10 days. A total of 73.04M shares are outstanding, with a floating share count of 64.03M. Insiders hold about 36.99% of the company’s shares, while institutions hold 54.81% stake in the company. Shares short for BRZE as of 1721001600 were 5336911 with a Short Ratio of 4.92, compared to 1718323200 on 4698925. Therefore, it implies a Short% of Shares Outstanding of 5336911 and a Short% of Float of 7.3999999999999995.
