Market Highlights: Braze Inc (BRZE) Ends on a High Note at 44.10

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The price of Braze Inc (NASDAQ: BRZE) closed at $44.10 in the last session, up 1.15% from day before closing price of $43.60. In other words, the price has increased by $1.15 from its previous closing price. On the day, 0.64 million shares were traded. BRZE stock price reached its highest trading level at $44.32 during the session, while it also had its lowest trading level at $43.115.

Ratios:

We take a closer look at BRZE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 921.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.16.

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 this company, Macquarie on October 31, 2024, initiated with a Neutral rating and assigned the stock a target price of $30.

On October 22, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $37.

Scotiabank Upgraded its Sector Perform to Sector Outperform on July 10, 2024, while the target price for the stock was maintained at $56.

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 Dec 18 ’24 when Kleeger Myles sold 37,900 shares for $45.11 per share. The transaction valued at 1,709,669 led to the insider holds 184,396 shares of the business.

Wiseman Susan sold 41,210 shares of BRZE for $1,858,159 on Dec 18 ’24. The General Counsel now owns 199,520 shares after completing the transaction at $45.09 per share. On Dec 16 ’24, another insider, Wiseman Susan, who serves as the General Counsel of the company, sold 2,790 shares for $45.00 each. As a result, the insider received 125,550 and left with 199,520 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 4563688448 and an Enterprise Value of 3877814016. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.09 while its Price-to-Book (P/B) ratio in mrq is 9.90. Its current Enterprise Value per Revenue stands at 7.236 whereas that against EBITDA is -29.285.

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 $29.18. The 50-Day Moving Average of the stock is 18.86%, while the 200-Day Moving Average is calculated to be 12.39%.

Shares Statistics:

According to the various share statistics, BRZE traded on average about 1.38M shares per day over the past 3-months and 1503980 shares per day over the past 10 days. A total of 82.53M shares are outstanding, with a floating share count of 69.66M. Insiders hold about 32.68% of the company’s shares, while institutions hold 58.48% stake in the company. Shares short for BRZE as of 1731628800 were 3244456 with a Short Ratio of 3.12, compared to 1728950400 on 4456817. Therefore, it implies a Short% of Shares Outstanding of 3244456 and a Short% of Float of 4.21.

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