LiveOne Inc (NASDAQ: LVO) is -44.47% lower on its value in year-to-date trading and has touched a low of $0.56 and a high of $2.11 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 LVO stock was last observed hovering at around $0.72 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $0.82, the stock is 8.57% and -17.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 13.34% at the moment leaves the stock -31.28% off its SMA200. LVO registered -56.58% loss for a year compared to 6-month loss of -44.84%. The firm has a 50-day simple moving average (SMA 50) of $0.99304 and a 200-day simple moving average (SMA200) of $1.18786.
The stock witnessed a -7.29% gain in the last 1 month and extending the period to 3 months gives it a -20.75%, and is 19.67% 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 11.39% over the week and 10.65% over the month.
LiveOne Inc (LVO) has around 140 employees, a market worth around $78.44M and $126.02M in sales. Profit margin for the company is -9.87%. Distance from 52-week low is 45.25% and -61.31% from its 52-week high.
The EPS is expected to grow by 6.90% this year
89.0 institutions hold shares in LiveOne Inc (LVO), with institutional investors hold 34.62% of the company’s shares. The shares outstanding are 95.51M, and float is at 73.81M with Short Float at 3.40%. Institutions hold 27.14% 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.
