IZEA Worldwide (NASDAQ:IZEA) Stock Rating Upgraded by Zacks Investment Research

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IZEA Worldwide (NASDAQ:IZEA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday, Zacks.com reports.

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. “

A number of other equities analysts also recently issued reports on the company. LADENBURG THALM/SH SH downgraded IZEA Worldwide from a “buy” rating to a “neutral” rating in a research report on Friday, November 13th. ValuEngine downgraded shares of IZEA Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, December 1st.

Shares of IZEA stock traded up $0.22 during trading hours on Wednesday, hitting $2.59. 5,426,151 shares of the company’s stock traded hands, compared to its average volume of 7,110,648. The stock has a market cap of $125.51 million, a PE ratio of -7.85 and a beta of 2.73. The stock’s 50 day simple moving average is $1.40 and its 200 day simple moving average is $1.12. The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 0.03. IZEA Worldwide has a 12 month low of $0.07 and a 12 month high of $3.13.

IZEA Worldwide (NASDAQ:IZEA) last posted its quarterly earnings data on Thursday, November 12th. The company reported ($0.03) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.02. The business had revenue of $4.04 million during the quarter. IZEA Worldwide had a negative return on equity of 39.78% and a negative net margin of 64.77%. As a group, equities research analysts expect that IZEA Worldwide will post -0.11 EPS for the current fiscal year.

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.

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