Brightcove Inc. (NASDAQ:BCOV) went down by -6.68% from its latest closing price compared to the recent 1-year high of $25.26. The company’s stock price has collected -25.80% of loss in the last five trading sessions. Press Release reported on 04/28/21 that Brightcove Announces Financial Results for First Quarter Fiscal Year 2021
Is It Worth Investing in Brightcove Inc. (NASDAQ :BCOV) Right Now?
Brightcove Inc. (NASDAQ:BCOV) scored a price-to-earnings ratio above its average ratio, recording 84.91 x from its present earnings ratio. Plus, the 36-month beta value for BCOV is at 0.79. Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for Brightcove Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $28.00. BCOV currently public float of 39.05M and currently shorts hold a 2.55% ratio of that float. Today, the average trading volume of BCOV was 417.16K shares.
BCOV’s Market Performance
BCOV stocks went down by -25.80% for the week, with a monthly drop of -27.83% and a quarterly performance of -11.73%, while its annual performance rate touched 86.15%. The volatility ratio for the week stands at 5.07% while the volatility levels for the past 30 days are set at 5.15% for Brightcove Inc.. The simple moving average for the period of the last 20 days is -28.72% for BCOV stocks with a simple moving average of -6.72% for the last 200 days.
Analysts’ Opinion of BCOV
Many brokerage firms have already submitted their reports for BCOV stocks, with B. Riley Securities repeating the rating for BCOV by listing it as a “Buy.” The predicted price for BCOV in the upcoming period, according to B. Riley Securities is $22 based on the research report published on January 29th of the current year 2021.
Colliers Securities, on the other hand, stated in their research note that they expect to see BCOV reach a price target of $16, previously predicting the price at $12. The rating they have provided for BCOV stocks is “Buy” according to the report published on October 14th, 2020.
Lake Street gave a rating of “Buy” to BCOV, setting the target price at $15 in the report published on September 29th of the previous year.
BCOV Trading at -31.89% from the 50-Day Moving Average
After a stumble in the market that brought BCOV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.52% of loss for the given period.
Volatility was left at 5.15%, however, over the last 30 days, the volatility rate increased by 5.07%, as shares sank -31.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.38% lower at present.
During the last 5 trading sessions, BCOV fell by -25.80%, which changed the moving average for the period of 200-days by +86.51% in comparison to the 20-day moving average, which settled at $20.03. In addition, Brightcove Inc. saw -21.09% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BCOV starting from Plotkin David, who sale 27,027 shares at the price of $20.67 back on Mar 26. After this action, Plotkin David now owns 114,441 shares of Brightcove Inc., valued at $558,714 using the latest closing price.
Neeley Tsedal, the Director of Brightcove Inc., purchase 2,000 shares at $22.11 during a trade that took place back on Mar 12, which means that Neeley Tsedal is holding 10,952 shares at $44,220 based on the most recent closing price.
Stock Fundamentals for BCOV
Current profitability levels for the company are sitting at:
- +1.64 for the present operating margin
- +60.50 for the gross margin
The net margin for Brightcove Inc. stands at -2.95. The total capital return value is set at 3.58, while invested capital returns managed to touch -6.80. Equity return is now at value 9.20, with 3.90 for asset returns.
Based on Brightcove Inc. (BCOV), the company’s capital structure generated 12.37 points at debt to equity in total, while total debt to capital is 11.01. Total debt to assets is 5.27, with long-term debt to equity ratio resting at 6.91. Finally, the long-term debt to capital ratio is 6.15.
When we switch over and look at the enterprise to sales, we see a ratio of 3.54, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 6.31 and the total asset turnover is 1.10. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.