According to Zacks, “IZEA Worldwide Inc. develops software which connects creators with brands who compensate them to produce and distribute content. IZEA Worldwide Inc., formerly known as IZEA Inc., is headquartered in Winter Park, Florida. “
IZEA Worldwide stock remained flat at $$0.24 during trading on Wednesday. 1,100 shares of the company were exchanged, compared to its average volume of 167,762. The company has a fifty day moving average of $0.27 and a 200-day moving average of $0.40. IZEA Worldwide has a 1 year low of $0.22 and a 1 year high of $1.75. The company has a market capitalization of $8.12 million, a price-to-earnings ratio of -0.37 and a beta of 1.67.
A number of hedge funds have recently bought and sold shares of IZEA. Verition Fund Management LLC acquired a new position in shares of IZEA Worldwide during the second quarter valued at approximately $95,000. CVI Holdings LLC purchased a new position in IZEA Worldwide in the 2nd quarter valued at $188,000. Worth Venture Partners LLC purchased a new position in IZEA Worldwide in the 2nd quarter valued at $193,000. Finally, AWM Investment Company Inc. acquired a new stake in IZEA Worldwide during the 2nd quarter worth $1,097,000. Institutional investors own 12.73% of the company’s stock.
About IZEA Worldwide
IZEA Worldwide, Inc creates and operates online marketplaces that connect marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company engages creator for influencer marketing campaigns, or to create content for the marketers' use and distribution.
Further Reading: Trading based on a resistance level
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.