On Tuesday, LiveOne Inc (NASDAQ: LVO) opened lower -9.17% from the last session, before settling in for the closing price of $0.59. Price fluctuations for LVO have ranged from $0.55 to $1.82 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 20.97% over the past five years. Company’s average yearly earnings per share was noted 29.41% at the time writing. With a float of $82.37 million, this company’s outstanding shares have now reached $96.08 million.
Let’s look at the performance matrix of the company that is accounted for 113 employees.
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 28.59%, while institutional ownership is 18.36%.
LiveOne Inc (LVO) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.01 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0) by -0.02. 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 29.41% 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 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of LiveOne Inc (LVO)
LiveOne Inc (NASDAQ: LVO) saw its 5-day average volume 0.79 million, a positive change from its year-to-date volume of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 16.55%.
During the past 100 days, LiveOne Inc’s (LVO) raw stochastic average was set at 1.08%, which indicates a significant decrease from 2.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0502 in the past 14 days, which was lower than the 0.0689 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7099, while its 200-day Moving Average is $0.8564. Nevertheless, the first resistance level for the watch stands at $0.5816 in the near term. At $0.6232, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6464. If the price goes on to break the first support level at $0.5168, it is likely to go to the next support level at $0.4936. Assuming the price breaks the second support level, the third support level stands at $0.4520.
LiveOne Inc (NASDAQ: LVO) Key Stats
There are currently 115,351K shares outstanding in the company with a market cap of 62.29 million. Presently, the company’s annual sales total 114,410 K according to its annual income of -18,710 K. Last quarter, the company’s sales amounted to 19,210 K and its income totaled -3,590 K.
