STUB (NYSE:STUB) Trading Up 7.4% – Should You Buy?

STUB (NYSE:STUB) shot up 7.4% during trading on Wednesday . The stock traded as high as $14.90 and last traded at $14.83. 1,369,837 shares were traded during mid-day trading, a decline of 54% from the average session volume of 3,007,543 shares. The stock had previously closed at $13.81.

Analyst Ratings Changes

STUB has been the topic of several research reports. Wall Street Zen lowered shares of STUB from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. Craig Hallum assumed coverage on STUB in a report on Thursday. They set a “hold” rating and a $12.00 target price for the company. Weiss Ratings started coverage on STUB in a research report on Wednesday, January 14th. They set a “sell (d-)” rating on the stock. Finally, Citigroup started coverage on STUB in a research report on Tuesday, January 20th. They set a “sell” rating and a $13.00 price objective for the company. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Sell” and a consensus price target of $12.50.

STUB Price Performance

The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.14 and a current ratio of 1.14.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in STUB stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in STUB (NYSE:STUB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 75,000 shares of the company’s stock, valued at approximately $1,044,000.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.