IZEA Worldwide (NASDAQ:IZEA) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

IZEA Worldwide, Inc. (NASDAQ:IZEA) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.57 and traded as low as $2.22. IZEA Worldwide shares last traded at $2.33, with a volume of 57,294 shares.

IZEA Worldwide Trading Up 3.1 %

The company has a market cap of $39.53 million, a price-to-earnings ratio of -2.48 and a beta of 1.61. The firm has a 50-day moving average price of $2.55 and a 200 day moving average price of $2.57.

Institutional Trading of IZEA Worldwide

An institutional investor recently bought a new position in IZEA Worldwide stock. Y Intercept Hong Kong Ltd purchased a new position in IZEA Worldwide, Inc. (NASDAQ:IZEA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 14,688 shares of the company’s stock, valued at approximately $40,000. Y Intercept Hong Kong Ltd owned about 0.09% of IZEA Worldwide at the end of the most recent quarter. Institutional investors and hedge funds own 15.56% of the company’s stock.

IZEA Worldwide Company Profile

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.