LiveXLive Media Inc. [NASDAQ: LIVX] slipped around -0.68 points on Thursday, while shares priced at $4.05 at the close of the session, down -14.48%. The company report on February 18, 2021 that Tony Nominated Laura Bell Bundy To Debut Her New Single And Music Video “American Girl” Exclusively On LiveXLive’s Multiple Platforms February 18th.
The Third Single Off Her Upcoming Album Highlights The Pressures On American Women.
LiveXLive Media (Nasdaq: LIVX) (“LiveXLive”), a global platform for livestream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture, and owner of PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions (“CPS”), announced that actress, singer and Tony nominated Broadway star, Laura Bell Bundy, is releasing the music video to her newest single “American Girl” featuring Shea Carter on LiveXLive. The exclusive premiere will take place, February 18, 2021 at 8:00 pm ET/ 5:00 pm PT, along with interviews and behind the scenes on LiveXLive’s original franchise of Music Lives ON as well as on demand.
LiveXLive Media Inc. stock is now 23.32% up from its year-to-date (YTD) trading value. LIVX Stock saw the intraday high of $4.625 and lowest of $3.98 per share. The company’s 52-week high price is 5.17, which means current price is +29.53% above from all time high which was touched on 02/11/21.
Compared to the average trading volume of 1.01M shares, LIVX reached a trading volume of 1486744 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about LiveXLive Media Inc. [LIVX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LIVX shares is $6.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LIVX stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DA Davidson have made an estimate for LiveXLive Media Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 20, 2019. While these analysts kept the previous recommendation, Ladenburg Thalmann raised their target price from $2 to $3.25. The new note on the price target was released on November 08, 2019, representing the official price target for LiveXLive Media Inc. stock. Previously, the target price had yet another drop from $5.50 to $2, while Ladenburg Thalmann kept a Neutral rating on LIVX stock.
The Average True Range (ATR) for LiveXLive Media Inc. is set at 0.40, with the Price to Sales ratio for LIVX stock in the period of the last 12 months amounting to 5.07. The Price to Book ratio for the last quarter was 21.29, with the Price to Cash per share for the same quarter was set at 0.31.
How has LIVX stock performed recently?
LiveXLive Media Inc. [LIVX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.08. With this latest performance, LIVX shares dropped by -0.61% in over the last four-week period, additionally plugging by 36.66% over the last 6 months – not to mention a rise of 175.17% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LIVX stock in for the last two-week period is set at 47.51, with the RSI for the last a single of trading hit 41.51, and the three-weeks RSI is set at 51.01 for LiveXLive Media Inc. [LIVX]. The present Moving Average for the last 50 days of trading for this stock 3.74, while it was recorded at 4.58 for the last single week of trading, and 3.09 for the last 200 days.
LiveXLive Media Inc. [LIVX]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and LiveXLive Media Inc. [LIVX] shares currently have an operating margin of -92.33 and a Gross Margin at -5.55. LiveXLive Media Inc.’s Net Margin is presently recorded at -100.69.
Return on Total Capital for LIVX is now -197.57, given the latest momentum, and Return on Invested Capital for the company is -253.58. Return on Equity for this stock declined to -3,337.08, with Return on Assets sitting at -68.89. Additionally, LIVX Total Debt to Total Capital is recorded at 176.48, with Total Debt to Total Assets ending up at 30.40.
Reflecting on the efficiency of the workforce at the company, LiveXLive Media Inc. [LIVX] managed to generate an average of -$512,197 per employee. Receivables Turnover for the company is 9.43 with a Total Asset Turnover recorded at a value of 0.68.LiveXLive Media Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.70.
Earnings analysis for LiveXLive Media Inc. [LIVX]
With the latest financial reports released by the company, LiveXLive Media Inc. posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.15/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LIVX.
Insider trade positions for LiveXLive Media Inc. [LIVX]
There are presently around $110 million, or 43.50% of LIVX stock, in the hands of institutional investors. The top three institutional holders of LIVX stocks are: FMR LLC with ownership of 10,333,226, which is approximately 2.983% of the company’s market cap and around 3.30% of the total institutional ownership; RHO CAPITAL PARTNERS INC, holding 3,724,138 shares of the stock with an approximate value of $15.06 million in LIVX stocks shares; and BLACKROCK INC., currently with $12.37 million in LIVX stock with ownership of nearly 8.547% of the company’s market capitalization.
Positions in LiveXLive Media Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 40 institutional holders increased their position in LiveXLive Media Inc. [NASDAQ:LIVX] by around 1,956,815 shares. Additionally, 22 investors decreased positions by around 4,150,165 shares, while 8 investors held positions by with 21,006,304 shares. The mentioned changes placed institutional holdings at 27,113,284 shares, according to the latest SEC report filing. LIVX stock had 7 new institutional investments in for a total of 287,002 shares, while 7 institutional investors sold positions of 2,235,618 shares during the same period.