In the latest trading session, 4.94 million LiveOne Inc (NASDAQ:LVO) shares changed hands as the company’s beta touched 1.57. With the company’s most recent per share price at $0.70 changed hands at -$0.25 or -26.71% at last look, the market valuation stands at $68.82M. LVO’s current price is a discount, trading about -207.14% off its 52-week high of $2.15. The share price had its 52-week low at $0.84, which suggests the last value was -20.0% down since then. When we look at LiveOne Inc’s average trading volume, we note the 10-day average is 0.58 million shares, with the 3-month average coming to 324.67K.
Analysts gave the LiveOne Inc (LVO) 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 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LVO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
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LiveOne Inc (NASDAQ:LVO) trade information
Instantly LVO was in red as seen in intraday trades today. With action -36.49%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -49.97%, with the 5-day performance at -36.49% in the red. However, in the 30-day time frame, LiveOne Inc (NASDAQ:LVO) is -60.03% down. Looking at the short shares, we see there were 2.02 million shares sold at short interest cover period of 9.29 days.
LiveOne Inc (LVO) estimates and forecasts
Data shows that the LiveOne Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -62.81% over the past 6 months, a 86.67% in annual growth rate that is considerably higher than the industry average of -19.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.42%. The 2024 estimates are for LiveOne Inc earnings to increase by 91.38%.
LVO Dividends
LiveOne Inc is expected to release its next quarterly earnings report on 2024-Nov-07.
LiveOne Inc (NASDAQ:LVO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 20.79% of LiveOne Inc shares while 25.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 32.24%. There are 25.54% institutions holding the LiveOne Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 8.0232% of the shares, roughly 7.03 million LVO shares worth $11.04 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.7687% or 4.18 million shares worth $6.56 million as of 2024-06-30.
