The stock of Brightcove Inc (BCOV) has gone down by -0.34% for the week, with a 2.22% rise in the past month and a 84.18% rise in the past quarter. The volatility ratio for the week is 0.58%, and the volatility levels for the past 30 days are 0.88% for BCOV. The simple moving average for the last 20 days is 0.48% for BCOV stock, with a simple moving average of 78.50% for the last 200 days.
Is It Worth Investing in Brightcove Inc (NASDAQ: BCOV) Right Now?
The 36-month beta value for BCOV is also noteworthy at 1.01. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for BCOV is 41.71M, and at present, short sellers hold a 0.48% of that float. The average trading volume of BCOV on December 31, 2024 was 507.48K shares.
BCOV) stock’s latest price update
Brightcove Inc (NASDAQ: BCOV)’s stock price has increased by 0.11 compared to its previous closing price of 4.36. However, the company has seen a -0.34% decrease in its stock price over the last five trading sessions. businesswire.com reported 2024-12-28 that NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brightcove Inc. (NASDAQ: BCOV) to Bending Spoons for $4.45 per share in cash is fair to Brightcove shareholders. Halper Sadeh encourages Brightcove shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Brightcove and.
Analysts’ Opinion of BCOV
Many brokerage firms have already submitted their reports for BCOV stocks, with Lake Street repeating the rating for BCOV by listing it as a “Buy.” The predicted price for BCOV in the upcoming period, according to Lake Street is $3.50 based on the research report published on November 05, 2024 of the current year 2024.
Rosenblatt gave a rating of “Buy” to BCOV, setting the target price at $10 in the report published on February 13th of the previous year.
BCOV Trading at 26.12% from the 50-Day Moving Average
After a stumble in the market that brought BCOV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.80% of loss for the given period.
Volatility was left at 0.88%, however, over the last 30 days, the volatility rate increased by 0.58%, as shares surge +2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +108.85% upper at present.
During the last 5 trading sessions, BCOV fell by -0.34%, which changed the moving average for the period of 200-days by +130.95% in comparison to the 20-day moving average, which settled at $4.34. In addition, Brightcove Inc saw 68.53% 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 BCOV starting from Edenbrook Capital, LLC, who purchase 16,806 shares at the price of $3.00 back on Nov 21 ’24. After this action, Edenbrook Capital, LLC now owns 6,679,710 shares of Brightcove Inc, valued at $50,415 using the latest closing price.
Edenbrook Capital, LLC, the 10% Owner of Brightcove Inc, purchase 6,562 shares at $2.07 during a trade that took place back on Oct 18 ’24, which means that Edenbrook Capital, LLC is holding 6,658,097 shares at $13,609 based on the most recent closing price.
Stock Fundamentals for BCOV
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.61 for the gross margin
The net margin for Brightcove Inc stands at -0.05. The total capital return value is set at -0.12. Equity return is now at value -9.74, with -4.31 for asset returns.
Based on Brightcove Inc (BCOV), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 3.22.
Currently, EBITDA for the company is -5.16 million with net debt to EBITDA at -0.61. When we switch over and look at the enterprise to sales, we see a ratio of 0.97. The receivables turnover for the company is 7.2for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
In summary, Brightcove Inc (BCOV) has had a better performance as of late. Analysts have mixed 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.
