The stock of LiveOne Inc (LVO) has gone down by -9.49% for the week, with a -2.72% drop in the past month and a -14.88% drop in the past quarter. The volatility ratio for the week is 5.74%, and the volatility levels for the past 30 days are 6.64% for LVO. The simple moving average for the past 20 days is -13.92% for LVO’s stock, with a -9.03% simple moving average for the past 200 days.
Is It Worth Investing in LiveOne Inc (NASDAQ: LVO) Right Now?
Company’s 36-month beta value is 1.62.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for LVO is 95.08M, and currently, short sellers hold a 2.98% ratio of that floaft. The average trading volume of LVO on September 11, 2024 was 434.21K shares.
LVO) stock’s latest price update
The stock of LiveOne Inc (NASDAQ: LVO) has decreased by -6.54 when compared to last closing price of 1.53.Despite this, the company has seen a loss of -9.49% in its stock price over the last five trading days. globenewswire.com reported 2024-09-06 that LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) — LiveOne (NASDAQ: LVO), an award-winning, creator-first music, entertainment, and technology platform announced today a price adjustment, effective immediately, for its Plus and Premium membership plans. This change affects all new subscribers to LiveOne Plus on an annual basis and all new monthly subscribers to LiveOne Premium. As of today, LiveOne boasts over 4 million ad-supported and paid members, positioning the company to leverage the growth of the music streaming market which is expected to increase from $35 billion to over $100 billion by 2030.
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 -8.62% 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 -33.49% of loss for the given period.
Volatility was left at 6.64%, however, over the last 30 days, the volatility rate increased by 5.74%, as shares sank -4.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.92% lower at present.
During the last 5 trading sessions, LVO fell by -9.49%, which changed the moving average for the period of 200-days by +36.19% in comparison to the 20-day moving average, which settled at $1.6582. In addition, LiveOne Inc saw 2.88% 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
- 0.22 for the gross margin
The net margin for LiveOne Inc stands at -0.1. The total capital return value is set at -0.31. Equity return is now at value -72643.75, with -19.03 for asset returns.
Based on LiveOne Inc (LVO), the company’s capital structure generated 1.85 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at -2.18. The interest coverage ratio of the stock is 16.2.
Currently, EBITDA for the company is 0.55 million with net debt to EBITDA at -0.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.16. The receivables turnover for the company is 8.38for trailing twelve months and the total asset turnover is 1.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
In a nutshell, LiveOne Inc (LVO) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
