FaZe Holdings Inc. (NASDAQ: FAZE) stock fell -9.31% on Friday to $18.21 against a previous-day closing price of $20.08. With 2.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.76 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $21.99 whereas the lowest price it dropped to was $16.60. The 52-week range on FAZE shows that it touched its highest point at $20.56 and its lowest point at $8.02 during that stretch.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FAZE was up-trending over the past week, with a rise of 45.33%, but this was up by 91.18% over a month. Three-month performance surged to 84.87% while six-month performance rose 84.13%. The stock gained 88.51% in the past year, while it has gained 79.94% so far this year.
Float and Shares Shorts:
At present, 22.08 million FAZE shares are outstanding with a float of 3.40 million shares on hand for trading. In addition to Mr. Lee Trink Ph.D. as the firm’s Co-Founder, CEO & Director, Mr. Zach Katz serves as its Pres & COO.
Through their ownership of 16.11% of FAZE’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of FAZE, in contrast to — held by mutual funds. Shares owned by individuals account for –.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. Over the past year, revenue came in at $51.09M while operating income stood at -$27.01M. EBITDA for the full year was -$27.38M.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FAZE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With FAZE analysts setting a high price target of – and a low target of –, the average target price over the next 12 months is –.