Brightcove Inc (NASDAQ: BCOV): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

BCOV belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. The current market capitalization of Brightcove Inc is $199.82M. A total of 0.61 million shares were traded on the day, compared to an average of 569.95K shares.

In the most recent transaction, Edenbrook Capital, LLC bought 16,806 shares of BCOV for 3.00 per share on Nov 21 ’24. After the transaction, the 10% Owner now owns 6,679,710 company shares. In a previous transaction on Oct 18 ’24, Edenbrook Capital, LLC bought 6,562 shares at 2.07 per share. BCOV shares that 10% Owner owns now total 6,658,097.

Among the insiders who bought shares, Edenbrook Capital, LLC acquired of 3,500 shares on Oct 21 ’24 at a per-share price of $2.08. This resulted in the 10% Owner holding 6,661,597 shares of BCOV after the transaction. In another insider transaction, Edenbrook Capital, LLC bought 1,307 shares at $2.08 per share on Oct 22 ’24. Company shares held by the 10% Owner now total 6,662,904.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BCOV has a high of $4.40 and a low of $1.55.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BCOV’s latest balance sheet shows that the firm has $45.74M in Cash & Short Term Investments as of fiscal 2021. There were $25.40M in debt and $96.62M in liabilities at the time. Its Book Value Per Share was $2.12, while its Total Shareholder’s Equity was $96.26M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BCOV is Buy with a score of 3.00.

Most Popular

Related Posts