Iveda Solutions Inc (NASDAQ:IVDA)’s traded shares stood at 0.82 million during the last session, with the company’s beta value hitting 1.20. At the close of trading, the stock’s price was $0.26, to imply a decrease of -7.64% or -$0.02 in intraday trading. The IVDA share’s 52-week high remains $1.27, putting it -388.46% down since that peak but still an impressive 7.69% since price per share fell to its 52-week low of $0.24. The company has a valuation of $4.67M, with an average of 0.16 million shares in intraday trading volume over the past 10 days and average of 134.27K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Iveda Solutions Inc (IVDA), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give IVDA a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.02.
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Iveda Solutions Inc (NASDAQ:IVDA) trade information
After registering a -7.64% downside in the last session, Iveda Solutions Inc (IVDA) has traded red over the past five days. The 5-day price performance for the stock is -25.48%, and -19.34% over 30 days. With these gigs, the year-to-date price performance is -59.21%. Short interest in Iveda Solutions Inc (NASDAQ:IVDA) saw shorts transact 31823.0 shares and set a 0.14 days time to cover.
Iveda Solutions Inc (IVDA) estimates and forecasts
Revenue is forecast to grow 60.00% this quarter before jumping 85.70% for the next one. The rating firms project that company’s revenue will grow 21.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 2.5M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3.5M.Earnings reports from the last fiscal year show that sales brought in 873k and 1.03M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 186.40% before jumping 241.10% in the following quarter.
IVDA Dividends
Iveda Solutions Inc has its next earnings report out on 2024-Nov-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Iveda Solutions Inc (NASDAQ:IVDA)’s Major holders
Iveda Solutions Inc insiders hold 5.89% of total outstanding shares, with institutional holders owning 3.01% of the shares at 3.20% float percentage. In total, 3.01% institutions holds shares in the company.
We also have Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Iveda Solutions Inc (IVDA) shares. Going by data provided on Jul 31, 2024 , Fidelity Extended Market Index Fund holds roughly 90.83 shares. This is just over 0.56% of the total shares, with a market valuation of $23487.0. Data from the same date shows that the other fund manager holds a little less at 40.98, or 0.25% of the shares, all valued at about 10598.0.
