A share price of LiveOne Inc [LVO] is currently trading at $0.86, up 8.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LVO shares have gain 5.37% over the last week, with a monthly amount drifted -3.99%, and not seem to be holding up well over a long-time horizon.
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.
LiveOne Inc experienced fluctuations in its stock price throughout the past year between $0.55 and $1.89. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. LiveOne Inc [NASDAQ: LVO] shares were valued at $0.86 at the most recent close of the market. An investor can expect a potential return of 74.42% based on the average LVO price forecast.
Analyzing the LVO fundamentals
Trailing Twelve Months sales for LiveOne Inc [NASDAQ:LVO] were 126.02M which represents -5.76% decline. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is 1.97 and Total Capital is -0.54. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.62.
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 0.7975 points at the first support level, and at 0.7311 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9225, and for the 2nd resistance point, it is at 0.9811.
Ratios To Look Out For
To put it in perspective, the Current Ratio for LiveOne Inc [NASDAQ:LVO] is 0.56. As well, the Quick Ratio is 0.52, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 0.66.
