LiveXLive Media Inc. [NASDAQ: LIVX] surged by $0.21 during the normal trading session on Thursday and reaching a high of $3.91 during the day while it closed the day at $3.80. The company report on April 22, 2021 that LiveXLive And Queens Gaming Collective Enter A Content Partnership, Expanding Into The Multi-Billion Dollar Female Forward Gaming Market.
Queens Roster of Elite Female Esports, Gamers and Twitch Streamers Will Deliver Original Content Across the LiveXLive Global Network, Integrating Lifestyle Experiences and Brand Sponsorship.
Queens Collective Content Adds to the Expanding LiveXLive Content Slate.
LiveXLive Media Inc. stock has also gained 1.60% of its value over the past 7 days. However, LIVX stock has declined by -9.52% in the 3 months of the year. Over the past six months meanwhile, it has gained 77.57% and gained 15.85% year-on date.
The market cap for LIVX stock reached $297.16 million, with 72.36 million shares outstanding and 51.26 million shares in the current float. Compared to the average trading volume of 1.95M shares, LIVX reached a trading volume of 1474688 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about LiveXLive Media Inc. [LIVX]:
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 0.46, with the Price to Sales ratio for LIVX stock in the period of the last 12 months amounting to 5.49. The Price to Book ratio for the last quarter was 18.10, with the Price to Cash per share for the same quarter was set at 0.22.
LIVX stock trade performance evaluation
LiveXLive Media Inc. [LIVX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.60. With this latest performance, LIVX shares dropped by -33.45% in over the last four-week period, additionally plugging by 77.57% over the last 6 months – not to mention a rise of 72.73% 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 43.98, with the RSI for the last a single of trading hit 44.18, and the three-weeks RSI is set at 45.43 for LiveXLive Media Inc. [LIVX]. The present Moving Average for the last 50 days of trading for this stock 4.30, while it was recorded at 3.61 for the last single week of trading, and 3.29 for the last 200 days.
LiveXLive Media Inc. [LIVX]: An insightful look at the core 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 0.80 and a Current Ratio set at 0.80.
Earnings per share (EPS) analysis for LiveXLive Media Inc. [LIVX] stock
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.
LiveXLive Media Inc. [LIVX]: Insider Ownership positions
There are presently around $105 million, or 39.70% 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 2.50% of the total institutional ownership; RHO CAPITAL PARTNERS INC, holding 3,724,138 shares of the stock with an approximate value of $14.15 million in LIVX stocks shares; and BLACKROCK INC., currently with $11.62 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 June and at the time of the June reporting period, where 44 institutional holders increased their position in LiveXLive Media Inc. [NASDAQ:LIVX] by around 2,395,530 shares. Additionally, 22 investors decreased positions by around 4,077,052 shares, while 8 investors held positions by with 21,042,086 shares. The mentioned changes placed institutional holdings at 27,514,668 shares, according to the latest SEC report filing. LIVX stock had 10 new institutional investments in for a total of 723,979 shares, while 8 institutional investors sold positions of 2,275,267 shares during the same period.