IZEA Worldwide Inc (NASDAQ:IZEA) shares saw unusually-strong trading volume on Friday . Approximately 5,669 shares changed hands during trading, a decline of 99% from the previous session’s volume of 931,514 shares.The stock last traded at $0.33 and had previously closed at $0.33.
Several equities research analysts recently commented on IZEA shares. Zacks Investment Research upgraded shares of IZEA Worldwide from a “sell” rating to a “hold” rating in a research report on Tuesday, July 2nd. ValuEngine upgraded shares of IZEA Worldwide from a “hold” rating to a “buy” rating in a research report on Tuesday, July 2nd.
The firm’s 50-day moving average is $0.39 and its 200 day moving average is $0.75. The firm has a market capitalization of $11.04 million, a PE ratio of -0.49 and a beta of 1.64.
IZEA Worldwide (NASDAQ:IZEA) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.03). IZEA Worldwide had a negative return on equity of 65.68% and a negative net margin of 28.12%. The business had revenue of $3.92 million during the quarter. On average, equities analysts predict that IZEA Worldwide Inc will post -0.19 EPS for the current year.
Several institutional investors have recently added to or reduced their stakes in the stock. Verition Fund Management LLC purchased a new stake in shares of IZEA Worldwide in the 2nd quarter worth about $95,000. CVI Holdings LLC purchased a new stake in shares of IZEA Worldwide in the 2nd quarter worth about $188,000. Worth Venture Partners LLC purchased a new stake in shares of IZEA Worldwide in the 2nd quarter worth about $193,000. Finally, AWM Investment Company Inc. purchased a new stake in shares of IZEA Worldwide in the 2nd quarter worth about $1,097,000. Institutional investors and hedge funds own 16.02% of the company’s stock.
About IZEA Worldwide (NASDAQ:IZEA)
IZEA Worldwide, Inc creates and operates online marketplaces that connect marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company engages creator for influencer marketing campaigns, or to create content for the marketers' use and distribution.
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