IZEA Worldwide (NASDAQ:IZEA) Shares Pass Above 50 Day Moving Average – Time to Sell?

IZEA Worldwide, Inc. (NASDAQ:IZEA) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.00 and traded as high as $2.31. IZEA Worldwide shares last traded at $2.29, with a volume of 146,324 shares changing hands.

IZEA Worldwide Trading Up 1.8%

The business has a 50 day moving average of $2.00 and a two-hundred day moving average of $2.40. The firm has a market cap of $38.74 million, a P/E ratio of -2.44 and a beta of 1.52.

IZEA Worldwide (NASDAQ:IZEA) last announced its earnings results on Tuesday, May 13th. The company reported ($0.01) EPS for the quarter. IZEA Worldwide had a negative return on equity of 26.06% and a negative net margin of 46.65%. On average, sell-side analysts predict that IZEA Worldwide, Inc. will post -0.53 EPS for the current year.

Institutional Trading of IZEA Worldwide

An institutional investor recently raised its position in IZEA Worldwide stock. Dimensional Fund Advisors LP grew its holdings in IZEA Worldwide, Inc. (NASDAQ:IZEA) by 24.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,111 shares of the company’s stock after acquiring an additional 8,547 shares during the quarter. Dimensional Fund Advisors LP owned 0.26% of IZEA Worldwide worth $121,000 as of its most recent SEC filing. Institutional investors own 15.56% of the company’s stock.

IZEA Worldwide Company Profile

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.