EEX Stock Summary and Trading Ideas (Emerald Holding | NYSE:EEX)

Emerald Holding Inc is an operator of B2B trade shows in the United States. The company is engaged in three complementary business lines; Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry, Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division which offers software-as-a-service technology that enables year-round B2B buying and selling through Elastic Suite and Bulletin platforms for use by its customers. Majority of the revenue for the company is generated from its Connections segment.

Emerald Holding trades on the NYSE stock market under the symbol EEX.

As of April 19, 2024, EEX stock price climbed to $6.09 with 18,576 million shares trading.

EEX has a beta of 2.23, meaning it tends to be more sensitive to market movements. EEX has a correlation of 0.30 to the broad based SPY ETF.

EEX has a market cap of $383.86 million. This is considered a Small Cap stock.

In the last 3 years, EEX stock traded as high as $7.05 and as low as $2.42.

The top ETF exchange traded funds that EEX belongs to (by Net Assets): VTI, VXF, IWM, IWN, VTWO.

EEX has outperformed the market in the last year with a return of +54.2%, while the SPY ETF gained +21.2%. However, in the most recent history, EEX shares have underperformed the stock market with its stock returning -0.8% in the last 3 month period and -5.9% for the last 2 week period, while SPY has returned +3.0% and -4.5%, respectively.

EEX support price is $5.80 and resistance is $6.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EEX stock will trade within this expected range on the day.