Iveda Solutions Inc (NASDAQ: IVDA) is -63.72% lower on its value in year-to-date trading and has touched a low of $1.40 and a high of $10.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IVDA stock was last observed hovering at around $1.43 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $1.84, the stock is 15.89% and -12.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 28.68% at the moment leaves the stock -59.88% off its SMA200. IVDA registered -67.15% loss for a year compared to 6-month loss of -74.56%. The firm has a 50-day simple moving average (SMA 50) of $2.105 and a 200-day simple moving average (SMA200) of $4.58785.
The stock witnessed a 14.99% gain in the last 1 month and extending the period to 3 months gives it a -51.37%, and is 15.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.37% over the week and 8.76% over the month.
Iveda Solutions Inc (IVDA) has around 32 employees, a market worth around $4.16M and $3.78M in sales. Profit margin for the company is -93.39%. Distance from 52-week low is 31.43% and -81.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-73.59%).
13.0 institutions hold shares in Iveda Solutions Inc (IVDA), with institutional investors hold 3.55% of the company’s shares. The shares outstanding are 2.26M, and float is at 2.13M with Short Float at 2.97%. Institutions hold 3.34% of the Float.
