IZEA Worldwide (NASDAQ:IZEA) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

IZEA Worldwide, Inc. (NASDAQ:IZEA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 trading hands.

IZEA Worldwide Trading Up 3.1 %

The business has a 50 day simple moving average of $2.55 and a two-hundred day simple moving average of $2.57. The stock has a market cap of $39.53 million, a price-to-earnings ratio of -2.48 and a beta of 1.61.

Institutional Investors Weigh In On IZEA Worldwide

An institutional investor recently bought a new position in IZEA Worldwide stock. Y Intercept Hong Kong Ltd bought a new position in IZEA Worldwide, Inc. (NASDAQ:IZEA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,688 shares of the company’s stock, valued at approximately $40,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of IZEA Worldwide at the end of the most recent quarter. 15.56% of the stock is owned by institutional investors.

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.