Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Eventbrite Inc’s stock clocked out at $3.56, down -3.00% from its previous closing price of $3.67. In other words, the price has decreased by -$3.00 from its previous closing price. On the day, 0.81 million shares were traded. EB stock price reached its highest trading level at $3.73 during the session, while it also had its lowest trading level at $3.56.
Ratios:
To gain a deeper understanding of EB’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when Baker Charles sold 20,000 shares for $3.55 per share. The transaction valued at 71,050 led to the insider holds 617,487 shares of the business.
CHARLES C BAKER bought 20,000 shares of EB for $71,048 on Dec 13 ’24. On Nov 13 ’24, another insider, August-deWilde Katherine, who serves as the Director of the company, sold 91,887 shares for $3.49 each. As a result, the insider received 320,548 and left with 206,590 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 355552864 and an Enterprise Value of 32634930. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 0.097 whereas that against EBITDA is -1.586.
Stock Price History:
The Beta on a monthly basis for EB is 2.28, which has changed by -0.5190039 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. 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 1.45%, while the 200-Day Moving Average is calculated to be -14.09%.
Shares Statistics:
It appears that EB traded 1.44M shares on average per day over the past three months and 1119060 shares per day over the past ten days. A total of 80.75M shares are outstanding, with a floating share count of 75.79M. Insiders hold about 21.77% of the company’s shares, while institutions hold 69.03% stake in the company. Shares short for EB as of 1734048000 were 4320462 with a Short Ratio of 3.00, compared to 1731628800 on 4728573. Therefore, it implies a Short% of Shares Outstanding of 4320462 and a Short% of Float of 5.4399999999999995.
