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The closing price of Eventbrite Inc (NYSE: EB) was $3.58 for the day, up 3.77% from the previous closing price of $3.45. In other words, the price has increased by $3.77 from its previous closing price. On the day, 2.42 million shares were traded. EB stock price reached its highest trading level at $3.61 during the session, while it also had its lowest trading level at $3.17.
Ratios:
Our analysis of EB’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 346833600 and an Enterprise Value of 34572548. 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 1.92. Its current Enterprise Value per Revenue stands at 0.103 whereas that against EBITDA is -1.68.
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 20.09%, while the 200-Day Moving Average is calculated to be -25.67%.
Shares Statistics:
EB traded an average of 1.82M shares per day over the past three months and 1986960 shares per day over the past ten days. A total of 85.61M shares are outstanding, with a floating share count of 75.05M. Insiders hold about 21.91% of the company’s shares, while institutions hold 68.07% stake in the company. Shares short for EB as of 1728950400 were 6635805 with a Short Ratio of 3.66, compared to 1726185600 on 8023671. Therefore, it implies a Short% of Shares Outstanding of 6635805 and a Short% of Float of 8.430000399999999.
