Eventbrite Inc (NYSE:EB) currently has a daily average trading volume of 1.55M but it saw 1014757 shares traded in last market. With a market cap of 351.68M USD, the company’s current market price of $3.63 came falling about -4.47 while comparing to the previous closing price of $3.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.20 and as low as $2.51. In the recent trading on the day, stock has struck highest price mark of $3.605 while lowest mark touched by it was $3.805.
Taking a look at 20-day trading activity of Eventbrite Inc (EB) gives us an average price of $3.67, while its current price level is -60.54% below from 52-week high level whereas it is 44.62% 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 $3.31 while that of 200 days or SMA-200 reads an average of $4.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.24% during that period while stretching the period over a month that decreases to 5.73%. 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 51.25 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 0.55% up while it is -0.27% when we observe its performance for the past one month. Year-to-date it is -56.58% down and over the past year, the stock is showing a downside performance of -54.05%.
Currently, Eventbrite Inc’s total number of outstanding shares is 80.75M. Company’s return on investment (ROI) stands at -1.93% and return on equity (ROE) at -4.53%. It has a 378.13 of forward P/E ratio. Stock’s beta reads 2.28. Stock has a price to book (P/B) ratio of 1.95 while price to sale or P/S ratio amounts to 1.05. Its return on asset (ROA) is -0.91% on average.
