Izea stock

IZEA Worldwide's stock performance and financial health present a complex picture with both challenges and potential for growth:

1. **Technical Analysis**:
- The closing price on August 14, 2024, was $2.18, which is below the 50-day moving average of $2.27. This suggests a bearish trend.
- The resistance level is at $2.27, and the support level is at $2.21. The stock is trading close to the support level, indicating a potential for price stabilization or a possible breakdown if the support level is breached.
- The Relative Strength Index (RSI) is at 57, which is neither overbought nor oversold, indicating a balanced buying and selling pressure.
- The Moving Average Convergence Divergence (MACD) is at -0.01, which could indicate a potential trend reversal if the MACD starts to increase.

|Ticker|Name|Date|Resistance Level (Narrow)|Closing Price|Support Level (Narrow)|code|market_code|
|---|---|---|---|---|---|---|---|
|IZEA.O|IZEA Worldwide|20240813|2.2663||2.206|IZEA|186|
|IZEA.O|IZEA Worldwide|20240814||2.1809||IZEA|186|

2. **Financial Health**:
- The company reported a negative net income of $3.27 million and a negative Return on Equity (ROE) of -5.11%. This indicates financial losses and challenges in generating profits.
- The Gross Profit Margin is 42.93%, which is relatively high, suggesting that the company is generating a good amount of revenue after accounting for the cost of goods sold.
- The Price to Earnings (P/E) ratio is -4.79, which is negative and could indicate that the company is not profitable as currently reported.
- The Debt-to-Equity Ratio is not provided, but the Free Cash Flow is -$11.41 million, which could suggest financial strain.

|Ticker|Name|Date|Gross Profit Margin|Total Revenue|Dividend Yield (TTM)|Net Income|Diluted EPS|ROE(Average)|code|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|IZEA.O|IZEA Worldwide|20240331|42.9305|6952883||-3265850|-0.2|-5.1103|IZEA|186|
|IZEA.O|IZEA Worldwide|20240814|||||||IZEA|186|

|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|code|market_code|
|---|---|---|---|---|---|---|---|
|IZEA.O|IZEA Worldwide|20240813|-4.792088|1.3455138537495885||IZEA|186|
|IZEA.O|IZEA Worldwide|20240814|||0.5867|IZEA|186|

3. **Market Sentiment**:
- The stock has a negative net fund flow of $2293.25, which could suggest that more funds are leaving the stock than entering, potentially indicating a bearish sentiment.
- The company is scheduled to post its quarterly earnings on August 14, which could be a critical event that influences the stock price.
- The company has recently made acquisitions and issued stock, which could have an impact on the stock price and financial health.

4. **Future Prospects**:
- The company has a consensus rating of "Hold" with an average price target of $8.75, suggesting that analysts do not see significant growth in the short term.
- The company's recent earnings report and the upcoming earnings call could provide insights into the company's future performance.
- The company's focus on influencer marketing and its recognition in the industry could be potential growth drivers.

In conclusion, IZEA Worldwide's stock presents a mixed picture with technical indicators suggesting a bearish trend, but a relatively high gross margin and recent industry recognition offering some optimism. Investors should closely monitor the upcoming earnings report and the company's strategic initiatives to make informed investment decisions.