Izea Worldwide (NASDAQ:IZEA) Releases Earnings Results

Izea Worldwide (NASDAQ:IZEA) released its quarterly earnings data on Wednesday. The company reported $0.01 EPS for the quarter, Zacks reports. Izea Worldwide had a negative return on equity of 19.89% and a negative net margin of 33.38%.

Izea Worldwide Trading Down 6.3%

Shares of IZEA stock traded down $0.34 during midday trading on Wednesday, reaching $4.97. 148,076 shares of the stock were exchanged, compared to its average volume of 88,763. Izea Worldwide has a 1 year low of $1.68 and a 1 year high of $5.86. The company’s 50 day moving average is $4.41 and its two-hundred day moving average is $3.57. The firm has a market cap of $84.65 million, a PE ratio of -6.80 and a beta of 1.18.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Izea Worldwide in a report on Wednesday, October 8th. Wall Street Zen downgraded Izea Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.