In the latest trading session, 1.51 million Iveda Solutions Inc (NASDAQ:IVDA) shares changed hands as the company’s beta touched 1.17. With the company’s most recent per share price at $0.46 changed hands at -$0.05 or -10.13% at last look, the market valuation stands at $7.42M. IVDA’s current price is a discount, trading about -176.09% off its 52-week high of $1.27. The share price had its 52-week low at $0.27, which suggests the last value was 41.3% up since then. When we look at Iveda Solutions Inc’s average trading volume, we note the 10-day average is 0.27 million shares, with the 3-month average coming to 93.80K.
Analysts gave the Iveda Solutions Inc (IVDA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended IVDA as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Iveda Solutions Inc’s EPS for the current quarter is expected to be -0.02.
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Iveda Solutions Inc (NASDAQ:IVDA) trade information
Instantly IVDA was in red as seen in intraday trades today. With action 42.30%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -28.04%, with the 5-day performance at 42.30% in the green. However, in the 30-day time frame, Iveda Solutions Inc (NASDAQ:IVDA) is -5.88% down. Looking at the short shares, we see there were 3319.0 shares sold at short interest cover period of 0.07 days.
Iveda Solutions Inc (IVDA) estimates and forecasts
Year-over-year growth is forecast to reach 21.30% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.5M. 1 analysts are of the opinion that Iveda Solutions Inc’s revenue for the current quarter will be 3.5M. The company’s revenue for the corresponding quarters a year ago was 873k and 1.03M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 186.40%. The estimates for the next quarter sales put growth at 241.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 28.97%. The 2024 estimates are for Iveda Solutions Inc earnings to increase by 30.00%.
IVDA Dividends
Iveda Solutions Inc is expected to release its next quarterly earnings report on 2024-Nov-12.
Iveda Solutions Inc (NASDAQ:IVDA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.54% of Iveda Solutions Inc shares while 3.32% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.56%.
