LiveOne Inc [NASDAQ: LVO] stock went on an upward path that rose over 2.65% on Wednesday, amounting to a one-week price decrease of less than -3.35%.
Over the last 12 months, LVO stock dropped by -47.62%. The one-year LiveOne Inc stock forecast points to a potential upside of 54.71. The average equity rating for LVO stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $73.99 million, with 96.61 million shares outstanding and 73.81 million shares in the current float. Compared to the average trading volume of 535.66K shares, LVO stock reached a trading volume of 4125019 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on LiveOne Inc [LVO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LVO shares is $1.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LVO stock is a recommendation set at 1.00. 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.
ROTH MKM have made an estimate for LiveOne Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 14, 2023.
Price to Free Cash Flow for LVO in the course of the last twelve months was 22.35 with Quick ratio for the last quarter at 0.38.
LVO Stock Performance Analysis:
LiveOne Inc [LVO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.35. With this latest performance, LVO shares dropped by -3.44% in over the last four-week period, additionally sinking by -32.46% over the last 6 months – not to mention a drop of -47.62% 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 LVO stock in for the last two-week period is set at 47.74, with the RSI for the last a single of trading hit 0.0741, and the three-weeks RSI is set at 0.0758 for LiveOne Inc [LVO]. The present Moving Average for the last 50 days of trading for this stock 0.7915, while it was recorded at 0.7637 for the last single week of trading, and 0.8651 for the last 200 days.
Insight into LiveOne Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and LiveOne Inc [LVO] shares currently have an operating margin of -5.01% and a Gross Margin at 21.01%. LiveOne Inc’s Net Margin is presently recorded at -15.54%.
Return on Equity for this stock declined to -31.04%, with Return on Assets sitting at -31.04%.
Reflecting on the efficiency of the workforce at the company, LiveOne Inc [LVO] managed to generate an average of -$157345.13 per employee.LiveOne Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.38 and a Current Ratio set at 0.42.
LiveOne Inc [LVO] Institutonal Ownership Details
There are presently around $26.95%, or 34.31% of LVO stock, in the hands of institutional investors. The top three institutional holders of LVO stocks are: FMR LLC with ownership of 7.03 million shares, which is approximately 7.4452%. BLACKROCK INC., holding 4.18 million shares of the stock with an approximate value of $$6.56 million in LVO stocks shares; and BLACKROCK INC., currently with $$6.08 million in LVO stock with ownership which is approximately 4.0992%.
