Eventbrite Inc (NYSE:EB) shares, rose in value on Friday, March 28, with the stock price down by -3.54% to the previous day’s close as strong demand from buyers drove the stock to $2.18.
Actively observing the price movement in the last trading, the stock closed the session at $2.26, falling within a range of $2.16 and $2.26. The value of beta (5-year monthly) was 2.248. Referring to stock’s 52-week performance, its high was $5.97, and the low was $2.11. On the whole, EB has fluctuated by -29.68% over the past month.
With the market capitalization of Eventbrite Inc currently standing at about $206.29 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 302.95M, with a low estimate of 72.2M and a high estimate of 74M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 72.88M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of EB currently trading nearly -6.14% and -25.77% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 29.80, while the 7-day volatility ratio is showing 4.04% which for the 30-day chart, stands at 5.82%. Furthermore, Eventbrite Inc (EB)’s beta value is 2.04, and its average true range (ATR) is 0.13.
A comparison of Eventbrite Inc (EB) with its peers suggests the former has fared considerably weaker in the market. EB showed an intraday change of -3.54% in last session, and over the past year, it shrunk by -60.15%%.
Data on historical trading for Eventbrite Inc (NYSE:EB) indicates that the trading volumes over the past 10 days have averaged 0.84 and over the past 3 months, they’ve averaged 997.47K. According to company’s latest data on outstanding shares, there are 78.64 million shares outstanding.
Nearly 22.12% of Eventbrite Inc’s shares belong to company insiders and institutional investors own 64.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.94 million shares as on 2025-03-14, resulting in a short ratio of 2.79. According to the data, the short interest in Eventbrite Inc (EB) stood at 511.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.27 million. The stock has fallen by -35.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EB stock heading into the next quarter.
