Izea Worldwide, Inc. (NASDAQ:IZEA – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.83 and traded as low as $3.55. Izea Worldwide shares last traded at $3.60, with a volume of 11,224 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Izea Worldwide from a “sell” rating to a “hold” rating in a research report on Tuesday, June 23rd. Zacks Research downgraded shares of Izea Worldwide from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. Finally, Weiss Ratings lowered shares of Izea Worldwide from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, June 3rd. Two analysts have rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on IZEA
Izea Worldwide Price Performance
Izea Worldwide (NASDAQ:IZEA – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.01. The business had revenue of $6.57 million for the quarter, compared to analysts’ expectations of $6.75 million. Izea Worldwide had a negative return on equity of 1.20% and a negative net margin of 1.98%.
Institutional Investors Weigh In On Izea Worldwide
Several large investors have recently modified their holdings of IZEA. XTX Topco Ltd bought a new position in Izea Worldwide during the fourth quarter worth $56,000. Diversify Advisory Services LLC bought a new stake in Izea Worldwide during the fourth quarter valued at $82,000. Royal Bank of Canada boosted its position in Izea Worldwide by 2,106.2% during the fourth quarter. Royal Bank of Canada now owns 21,246 shares of the company’s stock valued at $93,000 after acquiring an additional 20,283 shares during the last quarter. Diversify Wealth Management LLC acquired a new stake in Izea Worldwide during the 1st quarter worth about $97,000. Finally, State Street Corp raised its position in shares of Izea Worldwide by 10.4% in the 4th quarter. State Street Corp now owns 56,862 shares of the company’s stock worth $249,000 after acquiring an additional 5,350 shares in the last quarter. 15.56% of the stock is currently owned by institutional investors and hedge funds.
Izea Worldwide Company Profile
IZEA Worldwide, Inc is a technology-driven marketing services company that operates a global digital marketplace connecting brands, agencies and media companies with content creators and influencers. The company’s platform enables clients to plan, execute and measure content marketing and social media campaigns across blogs, social networks, video channels and other digital outlets. Through both self-service tools and managed service engagements, IZEA provides end-to-end solutions for influencer marketing, sponsored content creation and content distribution.
Key offerings include campaign management software, content licensing and rights management, influencer discovery and analytics, and performance reporting.
Read More
- Five stocks we like better than Izea Worldwide
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Izea Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Izea Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
