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The price of Eventbrite Inc (NYSE: EB) closed at $3.65 in the last session, up 2.82% from day before closing price of $3.55. In other words, the price has increased by $2.82 from its previous closing price. On the day, 1.21 million shares were traded. EB stock price reached its highest trading level at $3.785 during the session, while it also had its lowest trading level at $3.52.
Ratios:
We take a closer look at EB’s different ratios to gain a better understanding of the stock. 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:
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 13 ’24 when CHARLES C BAKER bought 20,000 shares for $3.55 per share.
August-deWilde Katherine sold 91,887 shares of EB for $320,548 on Nov 13 ’24. The Director now owns 206,590 shares after completing the transaction at $3.49 per share. On Nov 12 ’24, another insider, Sagi Vivek, who serves as the Chief Technology Officer of the company, sold 104,587 shares for $3.64 each. As a result, the insider received 380,519 and left with 412,994 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, EB now has a Market Capitalization of 353615264 and an Enterprise Value of 41354208. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 0.123 whereas that against EBITDA is -2.01.
Stock Price History:
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 9.30%, while the 200-Day Moving Average is calculated to be -14.53%.
Shares Statistics:
According to the various share statistics, EB traded on average about 1.56M shares per day over the past 3-months and 1479610 shares per day over the past 10 days. A total of 80.75M shares are outstanding, with a floating share count of 75.77M. Insiders hold about 21.79% of the company’s shares, while institutions hold 69.01% stake in the company. Shares short for EB as of 1732838400 were 4467469 with a Short Ratio of 2.86, compared to 1730332800 on 5784987. Therefore, it implies a Short% of Shares Outstanding of 4467469 and a Short% of Float of 5.6199998.
