Eventbrite Inc (NYSE:EB) currently has a daily average trading volume of 2.16M but it saw 616581 shares traded in last market. With a market cap of 307.52M USD, the company’s current market price of $3.20 came rising about 1.91 while comparing to the previous closing price of $3.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.40 and as low as $2.51. In the recent trading on the day, stock has struck highest price mark of $3.12 while lowest mark touched by it was $3.2.
Taking a look at 20-day trading activity of Eventbrite Inc (EB) gives us an average price of $3.17, while its current price level is -69.23% below from 52-week high level whereas it is 27.49% 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 $4.17 while that of 200 days or SMA-200 reads an average of $5.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.22% during that period while stretching the period over a month that increases to 6.86%. 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 38.03 which implies that the stock is in neutral 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 1.59% up while it is -19.60% when we observe its performance for the past one month. Year-to-date it is -61.72% down and over the past year, the stock is showing a downside performance of -67.94%.
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 2.31. Stock has a price to book (P/B) ratio of 1.75 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -1.58% on average.
