The stock price of LiveOne Inc (NASDAQ: LVO) has surged by 1.20 when compared to previous closing price of 1.67, but the company has seen a -7.65% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Here is how LiveOne (LVO) and QuantaSing Group Limited Unsponsored ADR (QSG) have performed compared to their sector so far this year.
Is It Worth Investing in LiveOne Inc (NASDAQ: LVO) Right Now?
LVO has 36-month beta value of 1.78. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LVO is 88.44M, and currently, short sellers hold a 3.09% ratio of that float. The average trading volume of LVO on April 18, 2024 was 317.90K shares.
LVO’s Market Performance
LVO’s stock has seen a -7.65% decrease for the week, with a -17.96% drop in the past month and a 26.12% gain in the past quarter. The volatility ratio for the week is 7.25%, and the volatility levels for the past 30 days are at 6.77% for LiveOne Inc The simple moving average for the last 20 days is -9.84% for LVO stock, with a simple moving average of 17.60% for the last 200 days.
Analysts’ Opinion of LVO
Many brokerage firms have already submitted their reports for LVO stocks, with ROTH MKM repeating the rating for LVO by listing it as a “Buy.” The predicted price for LVO in the upcoming period, according to ROTH MKM is $2.80 based on the research report published on April 14, 2023 of the previous year 2023.
LVO Trading at -3.72% from the 50-Day Moving Average
After a stumble in the market that brought LVO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.83% of loss for the given period.
Volatility was left at 6.77%, however, over the last 30 days, the volatility rate increased by 7.25%, as shares sank -15.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.66% upper at present.
During the last 5 trading sessions, LVO fell by -8.20%, which changed the moving average for the period of 200-days by -3.45% in comparison to the 20-day moving average, which settled at $1.8595. In addition, LiveOne Inc saw 21.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LVO starting from Wright Kristopher, who sale 11,000 shares at the price of $1.09 back on Nov 14 ’23. After this action, Wright Kristopher now owns 0 shares of LiveOne Inc, valued at $11,990 using the latest closing price.
Stock Fundamentals for LVO
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.27 for the gross margin
The net margin for LiveOne Inc stands at -0.12. The total capital return value is set at -0.24.
Based on LiveOne Inc (LVO), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17. The debt to equity ratio resting at -99.25. The interest coverage ratio of the stock is -3.38.
Currently, EBITDA for the company is 5.15 million with net debt to EBITDA at -0.62. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 7.04for trailing twelve months and the total asset turnover is 1.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
Conclusion
To put it simply, LiveOne Inc (LVO) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
