LiveOne Inc (NASDAQ: LVO) on Tuesday, plunged -6.40% from the previous trading day, before settling in for the closing price of $0.65. Within the past 52 weeks, LVO’s price has moved between $0.60 and $2.15.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 33.37%. The company achieved an average annual earnings per share of 67.24%. With a float of $95.31 million, this company’s outstanding shares have now reached $98.96 million.
The extent of productivity of a business whose workforce counts for 140 workers is very important to gauge. In terms of profitability, gross margin is 22.39%, operating margin of -4.07%, and the pretax margin is -10.39%.
LiveOne Inc (LVO) Insider Updates
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of LiveOne Inc is 3.69%, while institutional ownership is 40.63%. The most recent insider transaction that took place on Nov 14 ’23, was worth 11,990. In this transaction Director of this company sold 11,000 shares at a rate of $1.09, taking the stock ownership to the 0 shares.
LiveOne Inc (LVO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 67.24% per share during the next fiscal year.
LiveOne Inc (NASDAQ: LVO) Trading Performance Indicators
LiveOne Inc (LVO) is currently performing well based on its current performance indicators. A quick ratio of 0.47 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 15.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of LiveOne Inc (LVO)
The latest stats from [LiveOne Inc, LVO] show that its last 5-days average volume of 0.83 million was superior to 0.41 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.33%. Additionally, its Average True Range was 0.11.
During the past 100 days, LiveOne Inc’s (LVO) raw stochastic average was set at 3.26%, which indicates a significant decrease from 6.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 135.54% in the past 14 days, which was higher than the 84.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3287, while its 200-day Moving Average is $1.5682. Now, the first resistance to watch is $0.6720. This is followed by the second major resistance level at $0.7310. The third major resistance level sits at $0.7819. If the price goes on to break the first support level at $0.5621, it is likely to go to the next support level at $0.5112. Assuming the price breaks the second support level, the third support level stands at $0.4522.
LiveOne Inc (NASDAQ: LVO) Key Stats
Market capitalization of the company is 60.67 million based on 98,957K outstanding shares. Right now, sales total 118,440 K and income totals -11,970 K. The company made 33,080 K in profit during its latest quarter, and -1,170 K in sales during its previous quarter.
