IZEA Worldwide (NASDAQ:IZEA) Share Price Crosses Below 200-Day Moving Average of $2.36

Shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.36 and traded as low as $2.09. IZEA Worldwide shares last traded at $2.45, with a volume of 153,493 shares traded.

IZEA Worldwide Stock Performance

The company’s 50 day simple moving average is $2.26 and its 200 day simple moving average is $2.36. The stock has a market cap of $40.30 million, a PE ratio of -5.00 and a beta of 1.57.

IZEA Worldwide (NASDAQ:IZEA) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.13) EPS for the quarter. The business had revenue of $9.09 million for the quarter. IZEA Worldwide had a negative net margin of 27.32% and a negative return on equity of 14.18%. Equities research analysts expect that IZEA Worldwide, Inc. will post -0.39 earnings per share for the current year.

Institutional Investors Weigh In On IZEA Worldwide

An institutional investor recently raised its position in IZEA Worldwide stock. Dimensional Fund Advisors LP increased its stake in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) by 48.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,741 shares of the company’s stock after buying an additional 5,140 shares during the period. Dimensional Fund Advisors LP owned about 0.09% of IZEA Worldwide worth $37,000 as of its most recent SEC filing. 15.56% of the stock is currently owned by institutional investors.

About IZEA Worldwide

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.