LivePerson (NASDAQ:LPSN) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

LivePerson, Inc. (NASDAQ:LPSN)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.42 and traded as high as $2.84. LivePerson shares last traded at $2.82, with a volume of 127,214 shares.

Wall Street Analyst Weigh In

LPSN has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of LivePerson from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of LivePerson in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

LivePerson Stock Performance

The company has a 50 day moving average of $2.12 and a two-hundred day moving average of $2.42. The stock has a market capitalization of $34.80 million, a PE ratio of -0.21 and a beta of 1.34.

LivePerson (NASDAQ:LPSN) last released its quarterly earnings results on Friday, August 7th. The technology company reported ($6.11) EPS for the quarter, missing analysts’ consensus estimates of ($1.00) by ($5.11). The business had revenue of $52.50 million during the quarter, compared to the consensus estimate of $48.61 million. As a group, research analysts predict that LivePerson, Inc. will post -4.63 EPS for the current fiscal year.

Institutional Trading of LivePerson

A number of institutional investors have recently bought and sold shares of LPSN. Quadrature Capital Ltd acquired a new stake in shares of LivePerson during the fourth quarter worth $253,000. Aequim Alternative Investments LP acquired a new stake in LivePerson during the 4th quarter valued at approximately $469,000. Price T Rowe Associates Inc. MD acquired a new stake in LivePerson during the 4th quarter valued at approximately $65,000. Marshall Wace LLP acquired a new position in LivePerson during the fourth quarter valued at $788,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of LivePerson in the third quarter worth about $1,849,000. 79.83% of the stock is currently owned by institutional investors and hedge funds.

About LivePerson

LivePerson, Inc is a technology company that develops conversational commerce and customer engagement software powered by artificial intelligence. Its platform enables businesses to connect with consumers through real-time messaging channels, transforming customer support and sales operations into interactive experiences. The company’s solutions are designed to reduce friction, boost consumer satisfaction and drive higher conversion rates by merging automated and human-assisted interactions.

The company’s flagship offering, the LiveEngage platform, provides enterprise-grade tools for managing live chat, chatbots and AI-driven virtual assistants across multiple channels.