LiveOne Inc (NASDAQ:LVO) concluded the trading at $0.96 on Friday, May 16 with a rise of 6.20% from its closing price on previous day.
Considering stock’s 52-week price range provides that LVO hit a high price of $1.89 and saw its price falling to a low level of $0.55 during that period. Over a period of past 1-month, stock came adding 45.49% in its value.
In contrast, when we review LVO stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of Hold for it.
According to ratings assigned by 1 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending LiveOne Inc (LVO) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the LVO stock which is currently positioned at 0. It further provides that stock’s current price level is 32.05% away from its 20-day simple moving average and is 33.46% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 68.75 while volatility remained at 14.87% over the past week which changes to 13.32% when measuring it over the past month. Beta is valued at 1.76, while measure of average true range or ATR is currently at 0.09. In predicting price targets of as low as $1.5 and as high as $1.5, analysts are in agreement on assigning the stock over the next 12 months average price target of $1.5. Stock’s current price level is -56.25% above from estimated low price target while it is -56.25% below the estimated high; and even if the LVO’s share succeeded to reach the median price of $1.5, then the outlook of -56.25% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 23.28% while it is 22.78% for the institutional holders. Subtraction of -34.99% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
