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BigCommerce Holdings Inc. (BIGC) Reveals an Earnings Mystery

BigCommerce Holdings Inc. (NASDAQ:BIGC) went up by 10.33% from its latest closing price compared to the recent 1-year high of $34.00. The company’s stock price has collected 17.14% of gains in the last five trading sessions. Barron’s reported on 02/22/21 that BigCommerce Edges Higher On Strong Fourth-Quarter Results

Is It Worth Investing in BigCommerce Holdings Inc. (NASDAQ :BIGC) Right Now?

Opinions of the stock are interesting as 5 analysts out of 15 who provided ratings for BigCommerce Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $14.23, which is $2.25 above the current price. BIGC currently public float of 69.20M and currently shorts hold a 5.71% ratio of that float. Today, the average trading volume of BIGC was 1.38M shares.

BIGC’s Market Performance

BIGC stocks went up by 17.14% for the week, with a monthly jump of 38.59% and a quarterly performance of -10.01%, while its annual performance rate touched -59.21%. The volatility ratio for the week stands at 7.60% while the volatility levels for the past 30 days are set at 6.84% for BigCommerce Holdings Inc. The simple moving average for the period of the last 20 days is 30.65% for BIGC stocks with a simple moving average of -20.07% for the last 200 days.

Analysts’ Opinion of BIGC

BofA Securities, on the other hand, stated in their research note that they expect to see BIGC reach a price target of $11, previously predicting the price at $21. The rating they have provided for BIGC stocks is “Neutral” according to the report published on January 04th, 2023.

Truist gave a rating of “Hold” to BIGC, setting the target price at $13 in the report published on November 04th of the previous year.

BIGC Trading at 32.87% from the 50-Day Moving Average

After a stumble in the market that brought BIGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.82% of loss for the given period.

Volatility was left at 6.84%, however, over the last 30 days, the volatility rate increased by 7.60%, as shares surge +37.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.15% upper at present.

During the last 5 trading sessions, BIGC rose by +17.14%, which changed the moving average for the period of 200-days by -46.44% in comparison to the 20-day moving average, which settled at $9.32. In addition, BigCommerce Holdings Inc. saw 36.84% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BIGC starting from Kaloustian Robert, who sale 3,672 shares at the price of $10.56 back on Jan 17. After this action, Kaloustian Robert now owns 47,001 shares of BigCommerce Holdings Inc., valued at $38,759 using the latest closing price.

EGGERTON LISA, the Chief Marketing Officer of BigCommerce Holdings Inc., sale 13,911 shares at $17.08 during a trade that took place back on Sep 12, which means that EGGERTON LISA is holding 103,447 shares at $237,615 based on the most recent closing price.

Stock Fundamentals for BIGC

Current profitability levels for the company are sitting at:

  • -23.94 for the present operating margin
  • +75.54 for the gross margin

The net margin for BigCommerce Holdings Inc. stands at -34.88. Equity return is now at value -141.80, with -26.90 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 7.17.