The stock of Braze Inc (BRZE) has gone up by 11.32% for the week, with a 16.69% rise in the past month and a -12.84% drop in the past quarter. The volatility ratio for the week is 3.91%, and the volatility levels for the past 30 days are 3.44% for BRZE. The simple moving average for the past 20 days is 11.22% for BRZE’s stock, with a -16.45% simple moving average for the past 200 days.
Is It Worth Investing in Braze Inc (NASDAQ: BRZE) Right Now?
Additionally, the 36-month beta value for BRZE is 1.05. There are mixed opinions on the stock, with 14 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 BRZE is 72.50M and currently, short sellers hold a 6.15% ratio of that float. The average trading volume of BRZE on November 08, 2024 was 1.20M shares.
BRZE) stock’s latest price update
Braze Inc (NASDAQ: BRZE)’s stock price has increased by 3.46 compared to its previous closing price of 33.85. However, the company has seen a 11.32% increase in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-04 that New alloys with improved properties and advancements in brazing technologies will likely contribute to braze alloy market development. New alloys with improved properties and advancements in brazing technologies will likely contribute to braze alloy market development.
Analysts’ Opinion of BRZE
Many brokerage firms have already submitted their reports for BRZE stocks, with Macquarie repeating the rating for BRZE by listing it as a “Neutral.” The predicted price for BRZE in the upcoming period, according to Macquarie is $30 based on the research report published on October 31, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see BRZE reach a price target of $37. The rating they have provided for BRZE stocks is “Buy” according to the report published on October 22nd, 2024.
Scotiabank gave a rating of “Sector Outperform” to BRZE, setting the target price at $56 in the report published on July 10th of the current year.
BRZE Trading at 4.04% from the 50-Day Moving Average
After a stumble in the market that brought BRZE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.08% of loss for the given period.
Volatility was left at 3.44%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares surge +17.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.39% lower at present.
During the last 5 trading sessions, BRZE rose by +11.32%, which changed the moving average for the period of 200-days by -36.84% in comparison to the 20-day moving average, which settled at $31.49. In addition, Braze Inc saw -34.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BRZE starting from Winkles Isabelle, who sale 4,500 shares at the price of $31.73 back on Nov 01 ’24. After this action, Winkles Isabelle now owns 216,208 shares of Braze Inc, valued at $142,785 using the latest closing price.
Lee Roger H, the 10% Owner of Braze Inc, sale 56,830 shares at $30.27 during a trade that took place back on Oct 11 ’24, which means that Lee Roger H is holding 56,830 shares at $1,720,244 based on the most recent closing price.
Stock Fundamentals for BRZE
Current profitability levels for the company are sitting at:
- -0.25 for the present operating margin
- 0.69 for the gross margin
The net margin for Braze Inc stands at -0.22. The total capital return value is set at -0.25. Equity return is now at value -26.32, with -15.11 for asset returns.
Based on Braze Inc (BRZE), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -35.0.
Currently, EBITDA for the company is -137.13 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 6.73. The receivables turnover for the company is 6.85for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.
Conclusion
In conclusion, Braze Inc (BRZE) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
