Livexlive Media Inc (NASDAQ:LIVX) CEO Robert S. Ellin purchased 2,568 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were bought at an average price of $5.72 per share, for a total transaction of $14,688.96. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
LIVX traded up $0.24 during trading hours on Friday, hitting $5.99. The company’s stock had a trading volume of 300 shares, compared to its average volume of 97,065. Livexlive Media Inc has a fifty-two week low of $2.52 and a fifty-two week high of $11.11. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.52 and a quick ratio of 0.52. The stock has a market cap of $299.02 million, a P/E ratio of -12.50 and a beta of 1.23.
Livexlive Media (NASDAQ:LIVX) last posted its earnings results on Tuesday, February 12th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.06. Livexlive Media had a negative return on equity of 134.46% and a negative net margin of 117.50%. The firm had revenue of $8.96 million for the quarter, compared to analysts’ expectations of $9.01 million. Equities analysts anticipate that Livexlive Media Inc will post -0.73 EPS for the current year.
LIVX has been the topic of a number of research reports. Zacks Investment Research cut Livexlive Media from a “hold” rating to a “sell” rating in a research report on Wednesday, November 21st. HC Wainwright reiterated a “buy” rating and set a $6.00 price target on shares of Livexlive Media in a research report on Thursday, December 13th.
Livexlive Media Company Profile
LiveXLive Media, Inc engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content. The company operates LiveXLive, a live music streaming platform, as well as Slacker Radio, a streaming music service; and produces original music-related content.
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