IZEA Stock: The Rating Of Izea Increased to Sell at ValuEngine

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ValuEngine upgraded shares of Izea (NASDAQ:IZEA) from a strong sell rating to a sell rating in a report released on Tuesday, January 9th.

Separately, Craig Hallum lowered Izea from a buy rating to a hold rating in a research note on Monday, October 2nd.

Shares of Izea (NASDAQ:IZEA) opened at $5.86 on Tuesday. The company has a market capitalization of $33.56, a P/E ratio of -4.97 and a beta of -0.21. Izea has a one year low of $1.37 and a one year high of $7.85.

Izea (NASDAQ:IZEA) last posted its quarterly earnings data on Tuesday, November 7th. The company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.22) by $0.12. Izea had a negative return on equity of 92.32% and a negative net margin of 22.78%. equities research analysts anticipate that Izea will post -0.74 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Izea stock. Royce & Associates LP boosted its stake in shares of Izea Inc (NASDAQ:IZEA) by 4.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,176 shares of the company’s stock after buying an additional 10,000 shares during the period. Royce & Associates LP’s holdings in Izea were worth $451,000 at the end of the most recent reporting period. Institutional investors own 19.42% of the company’s stock.

About Izea

IZEA, Inc (IZEA) operates online marketplaces that facilitate transactions between brands and influential content creators. These creators produce and distribute text, videos and photos on behalf of brands through Websites, blogs and social media channels. Its technology enables transactions to be completed at scale through the management of content workflow, creator search and targeting, bidding, analytics and payment processing.

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