While LiveOne Inc has underperformed by -8.44%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LVO fell by -65.74%, with highs and lows ranging from $1.76 to $0.53, whereas the simple moving average fell by -40.73% 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 decrease in sales is -41.93%, showing a negative trend in the upcoming months.
In order to gain a clear picture of LiveOne Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 0.64, 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.
An average volume of 742.44K can be a very valuable indicator of volatility for LVO stock. On a monthly basis, the volatility of the stock is set at 7.93%, whereas on a weekly basis, it is put at 9.36%, with a loss of -15.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1.90, showing growth from the present price of $0.5, 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?
In addition to the fundamentals, you should also consider how many employees own shares in 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 21.62%. 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 18.36% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
