LiveOne Inc (NASDAQ:LVO) shares, rose in value on Thursday, April 16, with the stock price down by -2.25% to the previous day’s close as strong demand from buyers drove the stock to $0.64.
Actively observing the price movement in the last trading, the stock closed the session at $0.66, falling within a range of $0.6375 and $0.6816. The value of beta (5-year monthly) was 2.164. Referring to stock’s 52-week performance, its high was $1.99, and the low was $0.55. On the whole, LVO has fluctuated by -10.84% over the past month.
With the market capitalization of LiveOne Inc currently standing at about $61.70 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-13.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 118.08M, with a low estimate of 17M and a high estimate of 27.86M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 22.8M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LVO’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 price of LVO currently trading nearly -8.58% and -18.64% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.63, while the 7-day volatility ratio is showing 9.80% which for the 30-day chart, stands at 11.39%. Furthermore, LiveOne Inc (LVO)’s beta value is 1.81, and its average true range (ATR) is 0.08.
A comparison of LiveOne Inc (LVO) with its peers suggests the former has fared considerably weaker in the market. LVO showed an intraday change of -2.25% in last session, and over the past year, it shrunk by -61.32%%.
Data on historical trading for LiveOne Inc (NASDAQ:LVO) indicates that the trading volumes over the past 10 days have averaged 0.41 and over the past 3 months, they’ve averaged 502.51K. According to company’s latest data on outstanding shares, there are 95.51 million shares outstanding.
Nearly 23.19% of LiveOne Inc’s shares belong to company insiders and institutional investors own 23.31% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.57 million shares as on 2025-03-31, resulting in a short ratio of 8.7. According to the data, the short interest in LiveOne Inc (LVO) stood at 340.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.51 million. The stock has fallen by -56.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LVO stock heading into the next quarter.
