On Friday, LiveOne Inc (NASDAQ: LVO) opened lower -2.30% from the last session, before settling in for the closing price of $0.66. Price fluctuations for LVO have ranged from $0.57 to $2.15 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 33.37% over the past five years. Company’s average yearly earnings per share was noted 55.17% at the time writing. With a float of $95.31 million, this company’s outstanding shares have now reached $98.96 million.
Let’s look at the performance matrix of the company that is accounted for 140 employees. 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
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.04 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.17% per share during the next fiscal year.
LiveOne Inc (NASDAQ: LVO) Trading Performance Indicators
Check out the current performance indicators for LiveOne Inc (LVO). In the past quarter, the stock posted a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 16.81.
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 -0.09 in one year’s time.
Technical Analysis of LiveOne Inc (LVO)
LiveOne Inc (NASDAQ: LVO) saw its 5-day average volume 0.51 million, a positive change from its year-to-date volume of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 49.61%. Additionally, its Average True Range was 0.10.
During the past 100 days, LiveOne Inc’s (LVO) raw stochastic average was set at 5.96%, which indicates a significant decrease from 12.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.06% in the past 14 days, which was higher than the 85.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2794, while its 200-day Moving Average is $1.5586. Nevertheless, the first resistance level for the watch stands at $0.6748 in the near term. At $0.7007, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7171. If the price goes on to break the first support level at $0.6325, it is likely to go to the next support level at $0.6161. Assuming the price breaks the second support level, the third support level stands at $0.5902.
LiveOne Inc (NASDAQ: LVO) Key Stats
There are currently 98,957K shares outstanding in the company with a market cap of 64.21 million. Presently, the company’s annual sales total 118,440 K according to its annual income of -11,970 K. Last quarter, the company’s sales amounted to 33,080 K and its income totaled -1,170 K.
