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The price of Eventbrite Inc (NYSE: EB) closed at $3.23 in the last session, down -2.12% from day before closing price of $3.30. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 1.21 million shares were traded. EB stock price reached its highest trading level at $3.29 during the session, while it also had its lowest trading level at $3.2.
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 0.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 192.80. 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 Aug 23 ’24 when Sagi Vivek sold 75,000 shares for $3.44 per share. The transaction valued at 258,181 led to the insider holds 495,464 shares of the business.
Sagi Vivek bought 75,000 shares of EB for $262,500 on Aug 23 ’24. On Jun 14 ’24, another insider, Baker Charles, who serves as the CFO of the company, sold 20,000 shares for $4.93 each. As a result, the insider received 98,618 and left with 636,167 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 310406560 and an Enterprise Value of 40330684. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 0.119 whereas that against EBITDA is -2.555.
Stock Price History:
Over the past 52 weeks, EB has reached a high of $10.40, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is -26.53%, while the 200-Day Moving Average is calculated to be -46.94%.
Shares Statistics:
According to the various share statistics, EB traded on average about 2.23M shares per day over the past 3-months and 2667460 shares per day over the past 10 days. A total of 85.61M shares are outstanding, with a floating share count of 75.06M. Insiders hold about 21.90% of the company’s shares, while institutions hold 77.75% stake in the company. Shares short for EB as of 1722384000 were 7822929 with a Short Ratio of 4.27, compared to 1719532800 on 9113574. Therefore, it implies a Short% of Shares Outstanding of 7822929 and a Short% of Float of 9.9.
