LiveOne Inc (NASDAQ: LVO) kicked off on Friday, up 12.23% from the previous trading day, before settling in for the closing price of $0.69. Over the past 52 weeks, LVO has traded in a range of $0.56-$2.15.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 33.37%. While this was happening, its average annual earnings per share was recorded 55.17%. With a float of $95.31 million, this company’s outstanding shares have now reached $98.96 million.
Considering the fact that the conglomerate employs 140 people, you should pay attention to its efficiency factor. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of LiveOne Inc is 3.69%, while institutional ownership is 40.61%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.04 earnings per share (EPS), lower than consensus estimate (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
Take a look at LiveOne Inc’s (LVO) current performance indicators. Last quarter, stock had a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 22.51.
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)
Compared to the last year’s volume of 0.42 million, its volume of 0.89 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.14%. Additionally, its Average True Range was 0.09.
During the past 100 days, LiveOne Inc’s (LVO) raw stochastic average was set at 15.99%, which indicates a significant decrease from 93.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.26% in the past 14 days, which was higher than the 91.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0814, while its 200-day Moving Average is $1.5248. Nevertheless, the first resistance level for the watch stands at $0.8161 in the near term. At $0.8577, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9255. If the price goes on to break the first support level at $0.7067, it is likely to go to the next support level at $0.6389. Should the price break the second support level, the third support level stands at $0.5973.
LiveOne Inc (NASDAQ: LVO) Key Stats
The company with the Market Capitalisation of 86.00 million has total of 98,957K Shares Outstanding. Its annual sales at the moment are 118,440 K in contrast with the sum of -11,970 K annual income. Company’s last quarter sales were recorded 33,080 K and last quarter income was -1,170 K.