LiveOne Inc (NASDAQ: LVO) is 5.76% higher on its value in year-to-date trading and has touched a low of $0.56 and a high of $2.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LVO stock was last observed hovering at around $1.47 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.47, the stock is 29.74% and 58.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing 0.00% at the moment leaves the stock 4.50% off its SMA200. LVO registered 5.76% gain for a year compared to 6-month loss of 2.08%. The firm has a 50-day simple moving average (SMA 50) of $0.90942 and a 200-day simple moving average (SMA200) of $1.40855.
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The stock witnessed a 47.00% gain in the last 1 month and extending the period to 3 months gives it a 101.37%, and is 24.58% 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 14.21% over the week and 10.63% over the month.
LiveOne Inc (LVO) has around 140 employees, a market worth around $140.63M and $127.82M in sales. Profit margin for the company is -7.15%. Distance from 52-week low is 161.57% and -31.63% from its 52-week high.
with sales reaching $31.35M over the same period.The EPS is expected to grow by 36.21% this year, but quarterly earnings will post 4.19% year-over-year. Quarterly sales are estimated to grow 0.33% in year-over-year returns.
94.0 institutions hold shares in LiveOne Inc (LVO), with institutional investors hold 34.92% of the company’s shares. The shares outstanding are 94.96M, and float is at 91.94M with Short Float at 2.25%. Institutions hold 27.35% of the Float.
The top institutional shareholder in the company is FMR LLC with over 7.03 million shares valued at $11.04 million. The investor’s holdings represent 8.0232 of the LVO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.18 million shares valued at $6.56 million to account for 4.7687 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.87 million shares representing 4.4174 and valued at over $6.08 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.9289 of the shares totaling 1.69 million with a market value of $2.65 million.
