FaZe Holdings Inc (NASDAQ:FAZE) saw a downside of -13.28% to close Tuesday at $0.17 after subtracting -$0.02 on the day. The 5-day average trading volume is 19,388,160 shares of the company’s common stock. It has gained $0.2466 in the past week and touched a new high 2 times within the past 5 days. An average of 5,094,270 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,389,624.
FAZE’s 1-month performance is -38.13% or -$0.1026 on its low of $0.1500 reached on 09/22/23. The company’s shares have touched a 52-week low of $0.15 and high of $14.97, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, FAZE has lost -91.00% or -$1.6835 and has reached a new high 3 times. However, the current price is down -98.89% from the 52-week high price.
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Insider Transactions
FAZE stock investors last saw insider trading activity on Dec 21.Brandt Tamara Sue (Chief Legal Officer) most recently sold 12,839 shares at $1.86 per share on Dec 21. This transaction cost the insider $23,868. Chief Legal Officer, Brandt Tamara Sue, sold 20,000 shares at a price of $1.87 on Dec 20. Then, on Dec 19, Chief Legal Officer Brandt Tamara Sue sold 20,000 shares at a price of $1.86 per share. This transaction amounted to $37,284.
Valuation Metrics
FAZE stock has a beta of -0.35. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.21 while the price-to-book (PB) in the most recent quarter is 0.45.
FaZe Holdings Inc’s quick ratio for the recent period was 2.41, with the current ratio over the same period at 2.41.. In terms of profitability, the gross margin trailing 12 months is 4.84%. The trailing 12-month EBITDA margin is -63.44%. The firm’s gross profit as reported stood at $15.14 million against revenue of $70.02 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 115.53% to -$14.36 million, while revenue of -$14.04 million was 2.23% off the previous quarter. EBITDA for the quarter stood at more than -$13.46 million. FAZE stock balance sheet for the recent quarter shows that total liabilities totaled 15.66 million, with total debt at $1.84 million. Shareholders hold equity totaling $76.33 million.
Let’s look briefly at FaZe Holdings Inc (FAZE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 35.63% to suggest the stock is trending Neutral, with historical volatility in this time period at 155.94%.
The stock’s 5-day moving average is $0.1693, reflecting a -10.00% or -$0.0185 change from its current price. FAZE is currently trading -38.56% above its 20-day SMA, -64.65% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -60.40% and SMA200 by-92.07%.
Stochastic %K and %D was 18.99% and 12.09% and the average true range (ATR) pointed at 0.0349. The RSI (14) points at 32.98%, while the 14-day stochastic is at 16.52% with the period’s ATR at 0.0344. The stock’s 9-day MACD Oscillator is pointing at -0.0055 and -0.0159 on the 14-day charts.
