BuzzFeed Inc (NASDAQ: BZFD) Stock: More Upside Ahead?

In the latest trading session, 0.47 million BuzzFeed Inc (NASDAQ:BZFD) shares changed hands as the company’s beta touched 3.11. With the company’s most recent per share price at $1.81 changing hands around $0.21 or 13.12% at last look, the market valuation stands at $263.88M. BZFD’s current price is a discount, trading about -76.8% off its 52-week high of $3.20. The share price had its 52-week low at $0.64, which suggests the last value was 64.64% up since then. When we look at BuzzFeed Inc’s average trading volume, we note the 3-month average coming to 1.24 million.

BuzzFeed Inc (NASDAQ:BZFD) trade information

Instantly BZFD is in green as seen in intraday trades today. With action 17.59%, the performance over the past five days has been green. The jump to weekly highs of 1.9900 added 13.12% to the stock’s daily price. The company’s shares are showing year-to-date upside of 81.00%, with the 5-day performance at 17.59% in the green. However, in the 30-day time frame, BuzzFeed Inc (NASDAQ:BZFD) is 14.09% up.

BuzzFeed Inc (BZFD) estimates and forecasts

Year-over-year growth is forecast to reach -42.10% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 75.66M. 1 analysts are of the opinion that BuzzFeed Inc’s revenue for the current quarter will be 73.02M. The company’s revenue for the corresponding quarters a year ago was 134.62M and 67.15M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -43.80%. The estimates for the next quarter sales put growth at 8.70%.