At the time of writing, LiveOne Inc [LVO] stock is trading at $0.71, down -5.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LVO shares have gain 2.08% over the last week, with a monthly amount drifted -52.91%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
LiveOne Inc [NASDAQ: LVO] stock has seen the most recent analyst activity on April 14, 2023, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $2.80.
For the past year, the stock price of LiveOne Inc fluctuated between $0.60 and $2.15. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. LiveOne Inc [NASDAQ: LVO] shares were valued at $0.71 at the most recent close of the market. An investor can expect a potential return of 111.27% based on the average LVO price forecast.
Analyzing the LVO fundamentals
According to LiveOne Inc [NASDAQ:LVO], the company’s sales were 123.75M for trailing twelve months, which represents an 19.13% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is 2.63 and Total Capital is -0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6649 points at the first support level, and at 0.6235 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7489, and for the 2nd resistance point, it is at 0.7915.
Ratios To Look Out For
It is important to note that LiveOne Inc [NASDAQ:LVO] has a current ratio of 0.53. Also, the Quick Ratio is 0.47, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 0.56.
Transactions by insiders
Recent insider trading involved Wright Kristopher, Director, that happened on Nov 14 ’23 when 11000.0 shares were sold.
