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In the latest session, Eventbrite Inc (NYSE: EB) closed at $2.83 down -2.41% from its previous closing price of $2.90. In other words, the price has decreased by -$2.41 from its previous closing price. On the day, 1.75 million shares were traded. EB stock price reached its highest trading level at $2.925 during the session, while it also had its lowest trading level at $2.82.
Ratios:
For a deeper understanding of Eventbrite Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 168.92. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 271966112 and an Enterprise Value of 1890226. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.006 whereas that against EBITDA is -0.12.
Stock Price History:
Over the past 52 weeks, EB has reached a high of $10.14, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is -25.48%, while the 200-Day Moving Average is calculated to be -50.47%.
Shares Statistics:
For the past three months, EB has traded an average of 2.16M shares per day and 1664480 over the past ten days. A total of 85.61M shares are outstanding, with a floating share count of 75.09M. Insiders hold about 21.87% of the company’s shares, while institutions hold 76.46% stake in the company. Shares short for EB as of 1724976000 were 8172163 with a Short Ratio of 3.78, compared to 1722384000 on 7822929. Therefore, it implies a Short% of Shares Outstanding of 8172163 and a Short% of Float of 10.39.
