Eventbrite (EB) Stock’s Moving Average & Performance Analysis:
The stock showed weekly performance of -20.14% and it maintained for the month at -20.64%. Likewise the performance for the quarter was recorded as -15.13%. The YTD performance remained at -12.05%. This stock traded lower toward its 52 week low with -0.85% and -39.23% lower from its 52 week high price. The stock price is moving below from its 20 days moving average with -20.47% and it is trading down from 50 days moving average with -19.54%. The stock price is moving along negative drift from its 200 days moving average with -19.53%.
Let’s consider Eventbrite (EB) stock move that changed on Friday Dated MARCH 08, 2019. 6466245 shares changed at hands in last session versus to an average volume of 229.46K shares. Eventbrite (EB) stock ended at $24.46 by scoring -24.55%. It has 103.72M outstanding shares and 11.48M shares have been floated in market exchange. The insider ownership remained 0.20%. The net percent change held by Institutional Investors has seen a change of -1.33% over last three month period.
Stock’s Price Fluctuations & Volatility:
The stock price registered volatility 7.37% in past week and volatility was at 4.60% over a last month. Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. A security with high volatility has bigger fluctuations in price compared to a security with low volatility. The more quickly a price changes up and down, the more volatile it is. As such, volatility is often used as a measure of risk.
The stock’s Average True Range for 14 days was 1.94. ATR measures volatility, taking into account any gaps in the price movement. High ATR indicates increased volatility. A low ATR value indicates a series of periods with small ranges.
Presently, Eventbrite (EB) has a RSI reading of 29.15.
Stock’s Ratio Analysis:
Its current ratio is 1.8. Current Ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations. Quick Ratio of 1.8 is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets. The higher the quick ratio, the better the position of the company.