Additionally, the 36-month beta value for EEX is 1.44. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for EEX is 154.95M and currently, short sellers hold a 0.51% ratio of that float. The average trading volume of EEX on November 27, 2024 was 283.96K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
EEX) stock’s latest price update
Emerald Holding Inc (NYSE: EEX)’s stock price has gone rise by 0.52 in comparison to its previous close of 4.83, however, the company has experienced a 3.74% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-01 that Emerald Holding, Inc. (NYSE:EEX ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants David Doft – CFO Eric I. Lisman – EVP of Corporate Development Hervé Sedky – CEO and President Conference Call Participants Barton Crockett – Rosenblatt Securities Derek Greenberg – Maxim Group Eric I.
EEX’s Market Performance
Emerald Holding Inc (EEX) has seen a 3.74% rise in stock performance for the week, with a 4.18% gain in the past month and a -12.05% plunge in the past quarter. The volatility ratio for the week is 4.44%, and the volatility levels for the past 30 days are at 4.59% for EEX. The simple moving average for the last 20 days is 5.21% for EEX’s stock, with a simple moving average of -11.89% for the last 200 days.
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 7.30% 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 -31.13% of loss for the given period.
Volatility was left at 4.59%, however, over the last 30 days, the volatility rate increased by 4.44%, as shares surge +18.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.20% upper at present.
During the last 5 trading sessions, EEX rose by +4.49%, which changed the moving average for the period of 200-days by -21.13% in comparison to the 20-day moving average, which settled at $4.62. In addition, Emerald Holding Inc saw -18.81% 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 -5.12, with -1.96 for asset returns.
Based on Emerald Holding Inc (EEX), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 0.78.
Currently, EBITDA for the company is 85.4 million with net debt to EBITDA at 2.43. When we switch over and look at the enterprise to sales, we see a ratio of 3.07. 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 1.27.
Conclusion
In conclusion, Emerald Holding Inc (EEX) has seen mixed performance in recent times. Analysts have a mixed 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.
