LiveOne Inc (NASDAQ: LVO) on Friday, soared 11.93% from the previous trading day, before settling in for the closing price of $1.09. Within the past 52 weeks, LVO’s price has moved between $0.56 and $2.15.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 33.37%. The company achieved an average annual earnings per share of 36.21%. With a float of $91.94 million, this company’s outstanding shares have now reached $94.96 million.
Let’s determine the extent of company efficiency that accounts for 140 employees. In terms of profitability, gross margin is 21.69%, operating margin of -3.07%, and the pretax margin is -6.76%.
LiveOne Inc (LVO) Insider Activity
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of LiveOne Inc is 3.90%, while institutional ownership is 42.91%.
LiveOne Inc (LVO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.21% 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 0.53 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 1.02. Likewise, its price to free cash flow for the trailing twelve months is 11.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.12 in one year’s time.
Technical Analysis of LiveOne Inc (LVO)
Looking closely at LiveOne Inc (NASDAQ: LVO), its last 5-days average volume was 0.6 million, which is a jump from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 62.03%. Additionally, its Average True Range was 0.10.
During the past 100 days, LiveOne Inc’s (LVO) raw stochastic average was set at 52.51%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.99% in the past 14 days, which was lower than the 103.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8523, while its 200-day Moving Average is $1.4239. However, in the short run, LiveOne Inc’s stock first resistance to watch stands at $1.2727. Second resistance stands at $1.3253. The third major resistance level sits at $1.4307. If the price goes on to break the first support level at $1.1147, it is likely to go to the next support level at $1.0093. Should the price break the second support level, the third support level stands at $0.9567.
LiveOne Inc (NASDAQ: LVO) Key Stats
Market capitalization of the company is 130.63 million based on 95,667K outstanding shares. Right now, sales total 118,440 K and income totals -11,970 K. The company made 32,590 K in profit during its latest quarter, and -1,860 K in sales during its previous quarter.
