BuzzFeed Inc (NASDAQ:BZFD) traded at $3.77 at close of the session on current trade day and made an upward move of 16.00% on its previous day’s price.
Looking at the stock we see that its previous close was $3.25 with the day’s price range being $3.18 – $3.78. In terms of its 52-week price range, BZFD has a high of $4.56 and a low of $0.64. The company’s stock has gained about 57.08% over that past 30 days.
BuzzFeed Inc has a market cap of $166.19 million and is expected to release its quarterly earnings report in December.
On the other hand, looking at the outlook for the BZFD stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 29.59% off its SMA20 and 37.55% from its 50-day simple moving average. The RSI (14) is pointing at 70.11 while the volatility over the past week is 13.45% and jumps to 11.13% over the past one month. The beta value is 3.43, while the average true range (ATR) is currently pointing at 0.31.
Coming back to BuzzFeed Inc (NASDAQ:BZFD), we note that the average 3-month trading volume was 575.24K, while that of the preceding 10-day period stands at 1.83 million. Current shares outstanding are 35.03 million.
The insiders hold 55.99% of the company’s shares while institutions hold 7.74%. The data shows that short shares as of 2024-10-31, stood at 0.7 million at a short ratio of 2.01. This represents a 325.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 0.92 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 277.00% up in year-to-date price movement.
