In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Eventbrite Inc (NYSE: EB) closed at $3.81 in the last session, down -3.54% from day before closing price of $3.95. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 1.05 million shares were traded. EB stock price reached its highest trading level at $3.92 during the session, while it also had its lowest trading level at $3.69.
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 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 369116224 and an Enterprise Value of 70418472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 0.209 whereas that against EBITDA is -3.423.
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 16.61%, while the 200-Day Moving Average is calculated to be -11.90%.
Shares Statistics:
According to the various share statistics, EB traded on average about 1.54M shares per day over the past 3-months and 1815470 shares per day over the past 10 days. A total of 80.75M shares are outstanding, with a floating share count of 75.72M. Insiders hold about 21.85% of the company’s shares, while institutions hold 69.01% stake in the company. Shares short for EB as of 1731628800 were 4728573 with a Short Ratio of 3.07, compared to 1728950400 on 6635805. Therefore, it implies a Short% of Shares Outstanding of 4728573 and a Short% of Float of 5.9499998.
