Eventbrite Inc (NYSE:EB) currently has a daily average trading volume of 2.07M but it saw 3933532 shares traded in last market. With a market cap of 272.91M USD, the company’s current market price of $2.81 came falling about -2.77 while comparing to the previous closing price of $2.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.94 and as low as $2.51. In the recent trading on the day, stock has struck highest price mark of $2.78 while lowest mark touched by it was $3.07.
Taking a look at 20-day trading activity of Eventbrite Inc (EB) gives us an average price of $4.31, while its current price level is -74.31% below from 52-week high level whereas it is 11.95% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.67 while that of 200 days or SMA-200 reads an average of $6.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.74% during that period while stretching the period over a month that decreases to 7.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 19.80 which implies that the stock is in oversold territory.
Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 09, 2024 while assigning a price target range of $9-$4.
Over the week, EB’s stock price is moving -26.05% down while it is -50.44% when we observe its performance for the past one month. Year-to-date it is -66.39% down and over the past year, the stock is showing a downside performance of -73.79%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.1 beat the consensus estimate of -0.11 for the same. The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of -0.13 while estimate for next year EPS is -0.22. In next quarter, company is expected to be making quarterly sales of $75.47M as analysts are expecting the sales for current fiscal year at $322.03M and seeing the company making $344.72M in sales next year. Moreover, analysts are in estimates of $75.83M for current-quarter revenue.
Currently, Eventbrite Inc’s total number of outstanding shares is 85.61M. Company’s return on investment (ROI) stands at -2.67% and return on equity (ROE) at -8.11%. Stock’s beta reads 2.41. Stock has a price to book (P/B) ratio of 1.54 while price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is -1.58% on average.
