Spotlight on BIGC stock that fed investors bitter (new from August this year) has a dream there
Company profile:
BigCommerce (Nasdaq: BIGC) is a leading e-commerce platform of software as a service (SaaS) that enables merchants of all sizes to build, innovate, and grow their businesses online. As a leading open SaaS solution, BigCommerce provides merchants with sophisticated enterprise-class functionality, customization, and performance in simplicity and ease of use. Tens of thousands of B2B and B2C companies across 120 countries and many industries use BigCommerce to create fascinating online stores, including Ben & Jerry's, Skolkandi, Sony Wallrich. The Austin-based BigCommerce headquarters have offices in San Francisco, Sydney, and London. For more information on the website
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The company is worth $ 4.3 billion, currently selling at around $ 150 million a year and still making an operating loss but revenue is rising at 35-40% annually. A sales multiplier of 30 represented a dream value but currently, the numbers are working in its favor.
2/3 of sales are subscriptions and it is 25-30% annual. There is a consistent increase in sales still losing and more will lose throughout 2021 but showing improvement in sales (which is what Wall Street likes) currently the company is losing $ 10 million per quarter. She has so far been disappointing because the numbers do not show an improvement in the bottom line (operating profit) and also managed to make a second raising in November (breasts annoyed the investors) why ???
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Technically it is currently returning from the dead, has undergone a break below the issue price and in its lows. In the "long" term it is currently reaching resistance which had its strong support in August + November and broke.
Above $ 66 First goal 71-2 (yellow triangle convergence), goal 2 - 78 ... and then (if and when) you will cook it at these levels - with the food will come the appetite 82, 86-7, 108 ...... 160.Support for 62.50-63 (strictly 60).

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