Everbridge Inc (NASDAQ: EVBG)’s stock price has dropped by -0.29 in relation to previous closing price of 34.79. Nevertheless, the company has seen a loss of -0.03% in its stock price over the last five trading days. businesswire.com reported 2024-06-18 that BURLINGTON, Mass.–(BUSINESS WIRE)–Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced the Toronto Zoo selected Everbridge Mass Notification to safeguard its over 1,000 permanent, part-time, seasonal, and volunteer staff, as well as to be available to alert the Zoo’s approximately 1.3 million guests per year. The Zoo is home to roughly 3,000 animals, representing over 280 different species, spanning 500 ac.
Is It Worth Investing in Everbridge Inc (NASDAQ: EVBG) Right Now?
The 36-month beta value for EVBG is also noteworthy at 0.97. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for EVBG is 40.73M, and at present, short sellers hold a 3.22% of that float. The average trading volume of EVBG on June 26, 2024 was 610.61K shares.
EVBG’s Market Performance
EVBG’s stock has seen a -0.03% decrease for the week, with a -0.17% drop in the past month and a -0.29% fall in the past quarter. The volatility ratio for the week is 0.15%, and the volatility levels for the past 30 days are at 0.35% for Everbridge Inc The simple moving average for the last 20 days is -0.16% for EVBG’s stock, with a simple moving average of 25.30% for the last 200 days.
Analysts’ Opinion of EVBG
Needham, on the other hand, stated in their research note that they expect to see EVBG reach a price target of $35. The rating they have provided for EVBG stocks is “Buy” according to the report published on July 11th, 2023.
Stephens gave a rating of “Equal-Weight” to EVBG, setting the target price at $34 in the report published on April 21st of the previous year.
EVBG Trading at -0.26% from the 50-Day Moving Average
After a stumble in the market that brought EVBG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.46% of loss for the given period.
Volatility was left at 0.35%, however, over the last 30 days, the volatility rate increased by 0.15%, as shares sank -0.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.60% lower at present.
During the last 5 trading sessions, EVBG fell by -0.14%, which changed the moving average for the period of 200-days by +46.27% in comparison to the 20-day moving average, which settled at $34.74. In addition, Everbridge Inc saw 42.70% 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 EVBG starting from Di Leo John P., who sale 1,524 shares at the price of $34.77 back on Jun 03 ’24. After this action, Di Leo John P. now owns 24,689 shares of Everbridge Inc, valued at $52,989 using the latest closing price.
Barney Bryan Reed, the Chief Product Officer of Everbridge Inc, sale 3,344 shares at $34.84 during a trade that took place back on Apr 01 ’24, which means that Barney Bryan Reed is holding 15,595 shares at $116,517 based on the most recent closing price.
Stock Fundamentals for EVBG
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.67 for the gross margin
The net margin for Everbridge Inc stands at -0.12. The total capital return value is set at -0.09. Equity return is now at value -18.15, with -4.99 for asset returns.
Based on Everbridge Inc (EVBG), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.26. The interest coverage ratio of the stock is -47.11.
Currently, EBITDA for the company is 11.17 million with net debt to EBITDA at -44.68. When we switch over and look at the enterprise to sales, we see a ratio of 3.76. The receivables turnover for the company is 4.2for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
In summary, Everbridge Inc (EVBG) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
