LiveXLive Media Inc. (NASDAQ:LIVX) went up by 5.60% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Entertainment giant went up by $3.77 to trade ended Thursday trading at $3.57. This is up from the $3.57 price recorded on Wednesday’s trading session. Thanks to this latest performance, LIVX is closer to the higher price 52-week target of $7.00 and further from the lowest price target of $4.50. Its performance from the start of the year has also been positive, with LIVX up by 144.01% year-to-date.
LiveXLive Media Inc. (LIVX) started the day trading at $3.59 and recorded an intraday high of $3.875. It also recorded an intraday low of $3.45 during Thursday’s trading session. LiveXLive Media Inc. is a very active stock that recorded a trading volume that is more than 20.41% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 1002107, which is more than 20.41 of the total average daily trading volume of 797.59K.
LiveXLive Media Inc. (NASDAQ:LIVX) 2020 Performance Impressive
The increase in LIVX’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of LIVX currently stands at $4.15, which is higher than the current trading price of the stock by 9.16%. However, LIVX’s current trading price is -423.61% lower than the 52-week low price of $0.72. In terms of trading volume, LiveXLive Media Inc. currently experienced healthy participation during the last trading session. 1002107 shares of LiveXLive Media Inc. were traded on the stock exchange on Thursday, which is more than 20.41% of the 797.59K average trading volume of the stock.
The performance of the stock has been positive over the past year. LIVX’s performance over the past one year has seen it surge by 3.86%, while the stock has gone up by 124.40% in the last six months. The quarterly performance of LIVX currently stands at 153.02%, and it is up by 22.80% in the last month. The only positive figure was from the weekly performance, which currently reads 11.21%. At the time of writing LIVX’s report, the company has a total market cap of $211.91M, making it one of the largest publicly-traded companies in the world.LiveXLive Media Inc. also has over 76 employees all over the world.
LIVX Insider Activities
For LiveXLive Media Inc., insiders hold 37.00% of all company shares. The insider transactions over the past six months are down by -0.00%. During that period, insiders bought 1,213,209 shares in 1 transactions. In that same period, insiders sold 1,213,209 of their shares in 1 transactions. After these transactions, insiders at LiveXLive Media Inc. now hold 23.51M shares, which is over 35.79% of the total company stocks. Institutional investors currently hold a large chunk of the LIVX shares, as they control 39.60% of the company’s total stock.
LIVX Fundamental Analysis
For LiveXLive Media Inc., the stock’s diluted earnings per share (EPS) stands at -0.70. In the coming year, analysts expect the EPS to be -0.35. The stock’s EPS growth this year is 4.80%, -25.40% in the previous five years. In terms of revenue, LiveXLive Media Inc.’s quarterly sales (YOY) is shrinking at -0.11, which is higher than the average annual revenue of -25.40% over the past half a decade.
The Return on Investment (ROI) on LiveXLive Media Inc.’s stock currently stands at -385.00%. The operating margin of the company is -93.00%, and its gross margin is 15.20%.
LIVX Analysts Prediction
The Ladenburg Thalmann also has a Buy rating for LiveXLive Media Inc., predicting the stock price to stay between $2 and $3.25. Another analyst that has a Neutral rating for LIVX is Ladenburg Thalmann, which set a price target of between $5.50 and $2.
Maxim Group and H.C. Wainwright also believe that LiveXLive Media Inc.’s stock is outperforming at the moment.
LIVX Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of LIVX currently stands at 12.32%, while the SMA50 is 22.07%. The biggest one is the SMA200, which is currently reading 88.29% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 63.11.