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After finishing at $2.76 in the prior trading day, Eventbrite Inc (NYSE: EB) closed at $2.70, down -2.17%. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 1.1 million shares were traded. EB stock price reached its highest trading level at $2.76 during the session, while it also had its lowest trading level at $2.63.
Ratios:
Our goal is to gain a better understanding of EB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 161.16. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 259472992 and an Enterprise Value of -10602922. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at -0.031 whereas that against EBITDA is 0.672.
Stock Price History:
Over the past 52 weeks, EB has reached a high of $9.63, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is -18.41%, while the 200-Day Moving Average is calculated to be -50.54%.
Shares Statistics:
The stock has traded on average 2.05M shares per day over the past 3-months and 1285560 shares per day over the last 10 days, according to various share statistics. 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 76.53% stake in the company. Shares short for EB as of 1726185600 were 8023671 with a Short Ratio of 3.92, compared to 1723680000 on 9506991. Therefore, it implies a Short% of Shares Outstanding of 8023671 and a Short% of Float of 10.2.
