During the last session, LiveOne Inc (NASDAQ:LVO)’s traded shares were 0.31 million, with the beta value of the company hitting 1.76. At the end of the trading day, the stock’s price was $1.89, reflecting an intraday gain of 2.43% or $0.04. The 52-week high for the LVO share is $2.17, that puts it down -14.81 from that peak though still a striking 55.56% gain since the share price plummeted to a 52-week low of $0.84. The company’s market capitalization is $173.70M, and the average trade volume was 320.85K shares over the past three months.
LiveOne Inc (NASDAQ:LVO) trade information
LiveOne Inc (LVO) registered a 2.43% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.43% in intraday trading to $1.89, hitting a weekly high. The stock’s 5-day price performance is 14.16%, and it has moved by -1.81% in 30 days. Based on these gigs, the overall price performance for the year is 54.51%.
LiveOne Inc (LVO) estimates and forecasts
Statistics show that LiveOne Inc has outperformed its competitors in share price, compared to the industry in which it operates. LiveOne Inc (LVO) shares have gone up 82.21% during the last six months, with a year-to-date growth rate more than the industry average at 45.45% against 15.50. In the rating firms’ projections, revenue will increase 18.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 30.57M as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 34.56M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 25.55M and 27.82M respectively. In this case, analysts expect current quarter sales to grow by 19.70% and then jump by 24.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 27.50%. While earnings are projected to return -3.27% in 2024.
LVO Dividends
LiveOne Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
