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The price of Eventbrite Inc (NYSE: EB) closed at $3.39 in the last session, up 3.35% from day before closing price of $3.28. In other words, the price has increased by $3.35 from its previous closing price. On the day, 2.42 million shares were traded. EB stock price reached its highest trading level at $3.45 during the session, while it also had its lowest trading level at $3.27.
Ratios:
We take a closer look at EB’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 0.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 202.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.94 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 2.04.
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 Sep 13 ’24 when Baker Charles sold 20,000 shares for $3.03 per share. The transaction valued at 60,626 led to the insider holds 628,152 shares of the business.
CHARLES C BAKER bought 20,000 shares of EB for $60,624 on Sep 13 ’24. On Aug 23 ’24, another insider, Sagi Vivek, who serves as the Chief Technology Officer of the company, sold 75,000 shares for $3.44 each. As a result, the insider received 258,181 and left with 495,464 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 325782752 and an Enterprise Value of 55706864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 0.164 whereas that against EBITDA is -3.529.
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 14.59%, while the 200-Day Moving Average is calculated to be -30.94%.
Shares Statistics:
According to the various share statistics, EB traded on average about 1.73M shares per day over the past 3-months and 1234740 shares per day over the past 10 days. A total of 85.61M shares are outstanding, with a floating share count of 75.07M. Insiders hold about 21.89% of the company’s shares, while institutions hold 74.46% stake in the company. Shares short for EB as of 1728950400 were 6635805 with a Short Ratio of 3.83, compared to 1726185600 on 8023671. Therefore, it implies a Short% of Shares Outstanding of 6635805 and a Short% of Float of 8.430000399999999.
