Braze Inc (NASDAQ: BRZE) is -28.21% lower on its value in year-to-date trading and has touched a low of $33.93 and a high of $61.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRZE stock was last observed hovering at around $37.80 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $38.14, the stock is 2.93% and -2.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.68 million and changing 0.90% at the moment leaves the stock -19.45% off its SMA200. BRZE registered -11.57% loss for a year compared to 6-month loss of -23.63%.
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The stock witnessed a 3.87% gain in the last 1 month and extending the period to 3 months gives it a -9.49%, and is -3.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.50% over the week and 3.55% over the month.
Braze Inc (BRZE) has around 1548 employees, a market worth around $3.88B and $505.48M in sales. Fwd P/E is 180.49. Profit margin for the company is -25.00%. Distance from 52-week low is 12.41% and -38.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.86%).
The EPS is expected to grow by 71.72% this year
The shares outstanding are 73.04M, and float is at 64.22M with Short Float at 7.56%.
Braze Inc (BRZE) Insider Activity
The most recent transaction is an insider sale by Winkles Isabelle, the company’s Chief Financial Officer. SEC filings show that Winkles Isabelle sold 4,500 shares of the company’s common stock on Jul 01 ’24 at a price of $39.06 per share for a total of $0.18 million. Following the sale, the insider now owns 0.24 million shares.
Braze Inc disclosed in a document filed with the SEC on Jun 28 ’24 that Malik Pankaj (Chief Accounting Officer) sold a total of 2,262 shares of the company’s common stock. The trade occurred on Jun 28 ’24 and was made at $38.14 per share for $86273.0. Following the transaction, the insider now directly holds 74361.0 shares of the BRZE stock.
Still, SEC filings show that on Jun 21 ’24, Malik Pankaj (Chief Accounting Officer) disposed off 2,618 shares at an average price of $35.23 for $92232.0. The insider now directly holds 76,623 shares of Braze Inc (BRZE).
