Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of LiveOne Inc (NASDAQ: LVO) closed at $0.84 in the last session, down -6.00% from day before closing price of $0.90. In other words, the price has decreased by -$6.00 from its previous closing price. On the day, 0.6 million shares were traded.
Ratios:
We take a closer look at LVO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.56.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64.
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 -27.15%, while the 200-Day Moving Average is calculated to be -34.54%.
Shares Statistics:
A total of 95.51M shares are outstanding, with a floating share count of 92.35M. Insiders hold about 3.90% of the company’s shares, while institutions hold 40.67% stake in the company.
