After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Eventbrite Inc. (EB) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $7.89. The Eventbrite Inc. has recorded 25,234 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Eventbrite to Participate in J.P. Morgan 51st Annual Global Technology, Media and Communications Conference.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
EB belongs to the Technology sector of the NYSE while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $7.89 and fluctuated between $8.04 as its day high and $7.48 as its day low. The current market capitalization of Eventbrite Inc. is $820.95M. A total of 1.79 million shares were traded on the day, compared to an average of 1.48M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, EB has seen 23 BUY and 15 SELL insider trades, representing the acquisition of 894,502 and the disposition of 34,707 shares. Over the last 12 months, there were 91 BUYs and 45 SELLs from insiders. Insiders purchased 1,321,706 shares during that period but sold 136,602.
In the most recent transaction, Taylor Julia D. sold 36,187 shares of EB for 7.00 per share on May 12. After the transaction, the General Counsel now owns 191,609 company shares.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for EB in the last 3 months, the mean price target is $11.25 with high estimates of $17.00 and low estimates of $8.00. In terms of 52-week highs and lows, EB has a high of $12.89 and a low of $5.30.
As of this writing, EB has an earnings estimate of -$0.15 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.1 per share and a lower estimate of -$0.19. The company reported an EPS of $0.04 in the last quarter, which was 128.60% higher than expectations of -$0.14.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. EB’s latest balance sheet shows that the firm has $634.38M in Cash & Short Term Investments as of fiscal 2021. There were $366.39M in debt and $357.97M in liabilities at the time. Its Book Value Per Share was $1.68, while its Total Shareholder’s Equity was $169.90M.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EB is Buy with a score of 3.80.