While LiveOne Inc has underperformed by -3.88%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LVO rose by 81.65%, with highs and lows ranging from $2.19 to $0.84, whereas the simple moving average jumped by 41.90% in the last 200 days.
On April 14, 2023, ROTH MKM started tracking LiveOne Inc (NASDAQ: LVO) recommending Buy.
Analysis of LiveOne Inc (LVO)
Further, the quarter-over-quarter increase in sales is 14.41%, showing a positive trend in the upcoming months.
One of the most important indicators of LiveOne Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.50, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and LVO is recording 273.56K average volume. On a monthly basis, the volatility of the stock is set at 8.97%, whereas on a weekly basis, it is put at 8.02%, with a gain of 5.88% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.00, showing growth from the present price of $1.98, which can serve as yet another indication of whether LVO is worth investing in or should be passed over.
How Do You Analyze LiveOne Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.51%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 38.77% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LVO shares are owned by institutional investors to the tune of 38.77% at present.
