In the past week, EEX stock has gone down by -9.07%, with a monthly decline of -10.85% and a quarterly plunge of -25.41%. The volatility ratio for the week is 4.88%, and the volatility levels for the last 30 days are 4.85% for Emerald Holding Inc The simple moving average for the past 20 days is -5.18% for EEX’s stock, with a -27.48% simple moving average for the past 200 days.
Is It Worth Investing in Emerald Holding Inc (NYSE: EEX) Right Now?
The stock has a 36-month beta value of 1.37. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for EEX is 155.67M, and at present, short sellers hold a 0.44% of that float. On October 31, 2024, the average trading volume of EEX was 266.03K shares.
EEX) stock’s latest price update
The stock of Emerald Holding Inc (NYSE: EEX) has decreased by -11.80 when compared to last closing price of 4.66.Despite this, the company has seen a loss of -9.07% in its stock price over the last five trading days. businesswire.com reported 2024-10-30 that NEW YORK–(BUSINESS WIRE)–Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), America’s largest producer of trade shows and their associated conferences, content and commerce, today reported financial results for the third quarter ended September 30, 2024. Financial Highlights Revenues of $72.6 million for the third quarter 2024, an increase of $0.1 million, or 0.1% over Q3 2023, primarily due to revenues from acquisitions and scheduling differences, offset by organic decline, sust.
Analysts’ Opinion of EEX
Many brokerage firms have already submitted their reports for EEX stocks, with Rosenblatt repeating the rating for EEX by listing it as a “Buy.” The predicted price for EEX in the upcoming period, according to Rosenblatt is $7.20 based on the research report published on July 25, 2023 of the previous year 2023.
Maxim Group, on the other hand, stated in their research note that they expect to see EEX reach a price target of $12. The rating they have provided for EEX stocks is “Buy” according to the report published on April 27th, 2023.
EEX Trading at -15.62% from the 50-Day Moving Average
After a stumble in the market that brought EEX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.70% of loss for the given period.
Volatility was left at 4.85%, however, over the last 30 days, the volatility rate increased by 4.88%, as shares sank -7.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.96% lower at present.
During the last 5 trading sessions, EEX fell by -9.07%, which changed the moving average for the period of 200-days by -31.50% in comparison to the 20-day moving average, which settled at $4.33. In addition, Emerald Holding Inc saw -31.27% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EEX
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.59 for the gross margin
The net margin for Emerald Holding Inc stands at -0.05. The total capital return value is set at 0.05. Equity return is now at value 0.19, with 0.07 for asset returns.
Based on Emerald Holding Inc (EEX), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 2.26. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 0.78.
Currently, EBITDA for the company is 68.1 million with net debt to EBITDA at -2.46. When we switch over and look at the enterprise to sales, we see a ratio of 1.69. The receivables turnover for the company is 4.55for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
To sum up, Emerald Holding Inc (EEX) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
