Market Momentum Report: Vivid Seats Inc (SEAT)’s Negative Close at 4.66

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The price of Vivid Seats Inc (NASDAQ: SEAT) closed at $4.66 in the last session, down -0.21% from day before closing price of $4.67. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 0.68 million shares were traded. SEAT stock price reached its highest trading level at $4.68 during the session, while it also had its lowest trading level at $4.57.

Ratios:

We take a closer look at SEAT’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 2.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 2.58.

On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $7.

On February 09, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.Craig Hallum initiated its Buy rating on February 09, 2024, with a $10 target price.

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 Aug 13 ’24 when Epstein Emily T sold 1,382 shares for $3.76 per share. The transaction valued at 5,196 led to the insider holds 41,379 shares of the business.

Bakal Riva sold 1,717 shares of SEAT for $9,031 on Jul 22 ’24. The Chief Strategy Officer now owns 112,896 shares after completing the transaction at $5.26 per share. On Jul 22 ’24, another insider, Pickus Edward, who serves as the Chief Accounting Officer of the company, sold 537 shares for $5.26 each. As a result, the insider received 2,825 and left with 40,936 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, SEAT now has a Market Capitalization of 969666816 and an Enterprise Value of 1225024128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 3.94. Its current Enterprise Value per Revenue stands at 1.579 whereas that against EBITDA is 12.728.

Stock Price History:

Over the past 52 weeks, SEAT has reached a high of $8.80, while it has fallen to a 52-week low of $3.58. The 50-Day Moving Average of the stock is -5.17%, while the 200-Day Moving Average is calculated to be -19.29%.

Shares Statistics:

According to the various share statistics, SEAT traded on average about 1.43M shares per day over the past 3-months and 1562150 shares per day over the past 10 days. A total of 133.88M shares are outstanding, with a floating share count of 70.82M. Insiders hold about 46.29% of the company’s shares, while institutions hold 52.41% stake in the company. Shares short for SEAT as of 1722384000 were 12142641 with a Short Ratio of 8.03, compared to 1719532800 on 11125241. Therefore, it implies a Short% of Shares Outstanding of 12142641 and a Short% of Float of 34.06.

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