For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of LiveOne Inc (NASDAQ: LVO) was $1.05 for the day, up 2.94% from the previous closing price of $1.02. In other words, the price has increased by $2.94 from its previous closing price. On the day, 0.74 million shares were traded. LVO stock price reached its highest trading level at $1.15 during the session, while it also had its lowest trading level at $1.02.
Ratios:
Our analysis of LVO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.57.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on April 14, 2023, initiated with a Buy rating and assigned the stock a target price of $2.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LVO now has a Market Capitalization of 100450032 and an Enterprise Value of 120803984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79. Its current Enterprise Value per Revenue stands at 0.945 whereas that against EBITDA is 66.23.
Stock Price History:
Over the past 52 weeks, LVO has reached a high of $2.15, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is 25.74%, while the 200-Day Moving Average is calculated to be -26.65%.
Shares Statistics:
LVO traded an average of 646.19K shares per day over the past three months and 307600 shares per day over the past ten days. A total of 94.96M shares are outstanding, with a floating share count of 91.94M. Insiders hold about 3.90% of the company’s shares, while institutions hold 42.91% stake in the company. Shares short for LVO as of 1732838400 were 2031898 with a Short Ratio of 3.14, compared to 1730332800 on 2443617. Therefore, it implies a Short% of Shares Outstanding of 2031898 and a Short% of Float of 2.71.
