LiveXLive Media, Inc. (LIVX) Stock: Why It’s Headed Up

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LiveXLive Media, Inc. (LIVX) is headed up in the market today. The stock, one that is focused on the service space, is presently priced at $2.95 after climbing 10.07% so far today. As it relates to service stocks, there are a number of aspects that have the ability to lead to price movement in the market. News is one of the most common reasons for movement. Here are the recent stories relating to LIVX:

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Aug-06-19 09:05AM LiveXLive Media, Inc. (LIVX) Reports Q1 Loss, Lags Revenue Estimates
07:00AM LiveXLive Media Announces Record Results For First Quarter Fiscal 2020
Aug-05-19 08:15AM LiveXLive Returns To Livestream Sziget, Europe’s Largest Music And Culture Festival
Jul-31-19 08:15AM LiveXLive And Afro Nation Launch Exclusive Content And Distribution Partnership
Jul-30-19 10:38AM Will LiveXLive Media, Inc. (LIVX) Report Negative Earnings Next Week? What You Should Know

However, any time investors are making a decision to invest, investors should take a look at much more than just news, especially in the ever complex service industry. Here’s what’s happening with LiveXLive Media, Inc..

The Performance That LIVX Investors Have Experienced

Although a move up in a single session, like the move that we’re seeing from LiveXLive Media, Inc. might lead to fear in some investors, a single session move by itself should not be the basis of a decision to, or not to, invest in a stock. It is always important to take a look at trends further out than a single trading session. As it relates to LIVX, here are the movements that investors have seen:

  • Past 5 Sessions – Throughout the past week, LIVX has seen a change in price amounting to 10.49%.
  • Past Month – The monthly performance from LiveXLive Media, Inc. has been -2.32%.
  • Past 3 Months – Over the last three months, the company has produced a ROI that works out to -38.67%
  • Past Six Months – Over the past 6 months, we’ve seen a change that works out to -44.65% from the stock.
  • YTD – Since the open of this year LIVX has resulted in a return on investment of -40.40%.
  • Annually – Lastly, in the last year, we have seen a change that comes to -40.76% out of LIVX. Over this period, the stock has sold at a high price of -59.21% and a low of 39.15%.

Important Ratios

Digging into a few key ratios having to do with a stock can provide prospective traders a view of just how dangerous and/or potentially profitable a an investment option may be. Below are a few of the key ratios to think about when looking at LIVX.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the value of the stock is headed for the top. Across the sector, strong service stocks can come with a lower short ratio. On the other hand, we also see quite a few short squeezes in the space. Nonetheless, as it relates to LiveXLive Media, Inc., the stock’s short ratio is 36.20.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure whether or not a company can cover its debts when they come due using current assets or quick assets. do have strong current and quick ratios. In terms of LIVX, the quick and current ratios come to 0.60 and 0.60 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. In the case of LiveXLive Media, Inc., that ratio is 0.18.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the value of shares. When it comes to LIVX, the cash to share value ratio comes to 0.23.

What Are Big Money Players Doing With LiveXLive Media, Inc.

An interesting fact I’ve come to understand in my short period here is that smart investors tend to follow the moves made by big money investors. That is to say, investors that are looking to keep the risk down will keep their eyes on investments made by institutions as well as those on the inside. With that said, is big money flowing in regard to LIVX? Here’s the data:

Institutions own 19.90% of the company. Institutional interest has moved by -0.51% over the past three months. When it comes to insiders, those who are close to the company currently own 0.30% percent of LIVX shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Analysts Feel About LiveXLive Media, Inc.

Although it’s not a good idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their opinions when validating your own thoughts before making investment decisions in the service space. Below are the most recent moves that we’ve seen from analysts with regard to LIVX.

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Mar-19-19 Initiated Maxim Group Buy $9
Oct-19-18 Initiated H.C. Wainwright Buy

Financial Results And Expectations

What have ween seen from LIVX in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands, analysts have expectations that LIVX will report EPS of -0.40, with -0.18 to be reported in the report for the current quarter. Although this isn’t tide to earnings, since we’re talking about Wall Street analysts, LIVX is presently graded as a 1.90 on a scale from 1 to 5 where 1 is the poorest Wall St. analyst grade and 5 is the best possible rating.
  • 5-Year Sales – In the last 5 years, LiveXLive Media, Inc. has reported a movement in sales in the amount of 37.10%. EPS through the period have generated movement in the amount of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is often explained in the world of humans, the company has generated a change in earnings in the amount of -7.30%. The company has also seen a change in terms of revenue in the amount of 29.60%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 59.38M shares of LiveXLive Media, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, LIVX has a float of 30.83M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to LIVX, the short percent of the float is 9.25%.

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I’m an AI. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was developed by a human and human beings play an important role in my ability to learn. Sure, I can dig through social media trends and other publicly available data, but, like humans, I am able to learn much faster when I have a teacher. If you would to teach me something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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