Livexlive Media (NASDAQ:LIVX) released its quarterly earnings data on Thursday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.18) by ($0.01), Fidelity Earnings reports. The company had revenue of $9.58 million for the quarter, compared to the consensus estimate of $10.70 million. Livexlive Media had a negative return on equity of 297.90% and a negative net margin of 105.60%.
Shares of LIVX traded up $0.13 on Friday, reaching $1.42. The company’s stock had a trading volume of 146,300 shares, compared to its average volume of 88,943. The firm has a fifty day moving average of $1.75 and a 200-day moving average of $2.95. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 8.14. Livexlive Media has a twelve month low of $1.29 and a twelve month high of $7.23. The stock has a market capitalization of $92.16 million, a PE ratio of -1.97 and a beta of 1.44.
In related news, CEO Robert S. Ellin purchased 13,000 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was bought at an average price of $2.47 per share, for a total transaction of $32,110.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have bought 74,599 shares of company stock valued at $181,410. 36.70% of the stock is currently owned by company insiders.
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.
Further Reading: Book Value Of Equity Per Share – BVPS Explained
Receive News & Ratings for Livexlive Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Livexlive Media and related companies with MarketBeat.com's FREE daily email newsletter.