Daily Progress: LiveOne Inc (LVO) Drop -1.73, Closing at 0.68

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In the latest session, LiveOne Inc (NASDAQ: LVO) closed at $0.68 down -1.73% from its previous closing price of $0.69. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.5 million shares were traded. LVO stock price reached its highest trading level at $0.71 during the session, while it also had its lowest trading level at $0.6621.

Ratios:

For a deeper understanding of LiveOne Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.53.

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.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 14 ’23 when Wright Kristopher sold 11,000 shares for $1.09 per share. The transaction valued at 11,990 led to the insider holds 0 shares of the business.

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 67290960 and an Enterprise Value of 89639472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54. Its current Enterprise Value per Revenue stands at 0.724 whereas that against EBITDA is 160.644.

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 $0.64. The 50-Day Moving Average of the stock is -54.00%, while the 200-Day Moving Average is calculated to be -57.18%.

Shares Statistics:

For the past three months, LVO has traded an average of 464.86K shares per day and 1409750 over the past ten days. A total of 98.96M shares are outstanding, with a floating share count of 95.31M. Insiders hold about 3.69% of the company’s shares, while institutions hold 40.47% stake in the company. Shares short for LVO as of 1726185600 were 2015750 with a Short Ratio of 4.34, compared to 1723680000 on 2830625. Therefore, it implies a Short% of Shares Outstanding of 2015750 and a Short% of Float of 2.5700000000000003.

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