Are Analysts Expecting A Better 2020 For BuzzFeed Inc (BZFD)?

BuzzFeed Inc (BZFD) concluded trading on Thursday at a closing price of $3.28, with 3.4 million shares of worth about $11.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.46% during that period and on November 14, 2024 the price saw a gain of about 12.71%. Currently the company’s common shares owned by public are about 35.03M shares, out of which, 16.68M shares are available for trading.

Stock saw a price change of 19.71% in past 5 days and over the past one month there was a price change of 30.16%. Year-to-date (YTD), BZFD shares are showing a performance of 228.00% which increased to 156.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.64 but also hit the highest price of $4.56 during that period. The average intraday trading volume for BuzzFeed Inc shares is 457.45K. The stock is currently trading 23.07% above its 20-day simple moving average (SMA20), while that difference is up 23.91% for SMA50 and it goes to 49.11% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

BuzzFeed Inc (NASDAQ: BZFD) currently have 35.03M outstanding shares and institutions hold larger chunk of about 7.83% of that.

The stock has a current market capitalization of $124.70M and its 3Y-monthly beta is at 3.38. It has posted earnings per share of -$1.43 in the same period. It has Quick Ratio of 0.67 while making debt-to-equity ratio of 2.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BZFD, volatility over the week remained 14.94% while standing at 8.63% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cowen on November 22, 2022 offering a Market perform rating for the stock and assigned a target price range of between $3 and $2 to it. Coverage by BofA Securities stated BuzzFeed Inc (BZFD) stock as an Underperform in their note to investors on August 11, 2022, suggesting a price target of $2 for the stock. On February 04, 2022, BofA Securities Initiated their recommendations, while on January 12, 2022, Craig Hallum Initiated their ratings for the stock with a price target of $7.50. Stock get an Outperform rating from Cowen on January 10, 2022.

Most Popular

Related Posts