LiveOne Inc (NASDAQ:LVO) has a beta value of 1.62 and has seen 1.33 million shares traded in the last trading session. The company, currently valued at $86.00M, closed the last trade at $0.77 per share which meant it gained $0.08 on the day or 12.23% during that session. The LVO stock price is -179.22% off its 52-week high price of $2.15 and 27.27% above the 52-week low of $0.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.72 million shares traded. The 3-month trading volume is 555.47K shares.
The consensus among analysts is that LiveOne Inc (LVO) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
LiveOne Inc (NASDAQ:LVO) trade information
Sporting 12.23% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LVO stock price touched $0.77 or saw a rise of 2.53%. Year-to-date, LiveOne Inc shares have moved -44.29%, while the 5-day performance has seen it change 32.40%. Over the past 30 days, the shares of LiveOne Inc (NASDAQ:LVO) have changed 11.91%. Short interest in the company has seen 2.64 million shares shorted with days to cover at 2.65.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump 48.67% from current levels. The projected low price target is $1.5 while the price target rests at a high of $1.5. In that case, then, we find that the current price level is -94.81% off the targeted high while a plunge would see the stock gain -94.81% from current levels.
LiveOne Inc (LVO) estimates and forecasts
Figures show that LiveOne Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -59.88% over the past 6 months, with this year growth rate of 66.67%, compared to 0.20% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 25.42% over the past 5 years.
LVO Dividends
LiveOne Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
LiveOne Inc (NASDAQ:LVO)’s Major holders
Insiders own 20.79% of the company shares, while shares held by institutions stand at 25.73% with a share float percentage of 32.48%. Investors are also buoyed by the number of investors in a company, with LiveOne Inc having a total of 88.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 7.03 million shares worth more than $11.04 million. As of 2024-06-30, FMR LLC held 8.0232% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 4.18 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.56 million and represent 4.7687% of shares outstanding.
