Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -32.30%. However, over the past six months, we’ve seen a stronger performance of -42.19%. The price of EB leaped by -33.80% over the last 30 days. And in the last five days, it has surged by 3.10%.
In terms of market performance, Eventbrite Inc had a fairly uneven. The highest value for the stock in the past year was $11.90 on 08/07/23, and the lowest value was recorded at $5.05 on 03/13/24.
52-week price history of EB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Eventbrite Inc’s current trading price is -52.46% away from its 52-week high, while its distance from the 52-week low is 12.08%. The stock’s price range during this period has varied between$5.05 and $11.90. The Eventbrite Inc’s shares, which operate in the Technology, saw a trading volume of around 1.81 million for the day, a figure considerably higher than their average daily volume of 1.49 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Eventbrite Inc (EB) has experienced a quarterly decline of -28.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 576.58M and boasts a workforce of 866 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.68, with a change in price of -3.19. Similarly, Eventbrite Inc recorded 1,450,838 in trading volume during the last 100 days, posting a change of -36.67%.
EB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for EB stands at 1.88. Similarly, the long-term debt-to-equity ratio is also 1.87.
EB Stock Stochastic Average
Eventbrite Inc’s raw stochastic average for the past 50 days is presently 11.08%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 11.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.42% and 3.90%, respectively.
