Liveperson Inc (NASDAQ: LPSN) Stock Seems Like A Good Option

Liveperson Inc (NASDAQ:LPSN) shares, rose in value, with the stock price down by -1.01% to the previous day’s close as strong demand from buyers drove the stock to $0.50.

Actively observing the price movement in the last trading, the stock closed the session at $0.51. The value of beta (5-year monthly) was 1.49. Referring to stock’s 52-week performance, its high was $6.41, and the low was $0.45. On the whole, LPSN has fluctuated by -51.88% over the past month.

With the market capitalization of Liveperson Inc currently standing at about $44.09 million, investors are eagerly awaiting this quarter’s results, scheduled for May 07, 2024 – May 13, 2024.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LPSN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of LPSN currently trading nearly -30.50% and -59.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 22.84, while the 7-day volatility ratio is showing 12.43% which for the 30-day chart, stands at 10.88%. Furthermore, Liveperson Inc (LPSN)’s beta value is 1.60, and its average true range (ATR) is 0.09.

A comparison of Liveperson Inc (LPSN) with its peers suggests the former has fared considerably weaker in the market. LPSN showed an intraday change of -1.01% in last session, and over the past year, it shrunk by -88.83%%.

Data on historical trading for Liveperson Inc (NASDAQ:LPSN) indicates that the trading volumes over the past 3 months, they’ve averaged 3.07 million. According to company’s latest data on outstanding shares, there are 87.84 million shares outstanding.

Nearly 22.72% of Liveperson Inc’s shares belong to company insiders and institutional investors own 67.80% of the company’s shares. The stock has fallen by -86.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LPSN stock heading into the next quarter.

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