LiveXLive Media, Inc. (LIVX) Stock: A Service Stock That’s Making Its Way For The Bottom

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LiveXLive Media, Inc. (LIVX) is falling in the market today. The company, focused in the service industry, is presently priced at $1.66 after falling -5.40% so far today. When it comes to service sector companies, there are several factors that have the ability to lead to declines in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories associated with LIVX:

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Oct-24-19 04:05PM LiveXLive Media to Announce Second Quarter 2020 Financial Results on November 7, 2019
Oct-23-19 09:47AM What Kind Of Shareholder Appears On The LiveXLive Media, Inc.’s (NASDAQ:LIVX) Shareholder Register?
Oct-21-19 08:15AM LiveXLive Appoints Bridget Baker To Its Board Of Directors
Oct-08-19 08:15AM LiveXLive Livestreams Surge To 58 Million 2020 Fiscal Year-to-Date With Record-Setting Results For Rock In Rio Festival
Oct-02-19 07:00AM LiveXLive Media Reaches 775,000 Paid Subscribers

However, any time investors are making a decision with regard to investing, prospective investors should focus on far more than news, especially in the ever complex service sector. Here’s what’s happening in regard to LiveXLive Media, Inc..

Returns That LIVX Investors Have Seen

Although a decline in a single session, like the move that we’re seeing from LiveXLive Media, Inc. may cause fear in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s always important to take a look at trends experienced by the stock just a single trading session. When it comes to LIVX, below are the movements that we’ve seen:

  • Past Seven Days – Throughout the last 5 trading sessions, LIVX has seen a change in value amounting to 9.32%.
  • Past 30 Days – The monthly performance from LiveXLive Media, Inc. has been -12.22%.
  • Past 3 Months – Throughout the past 3 months, the company has produced a return of -40.34%
  • Past Six Months – In the past six months, we have seen a performance of -62.23% from the stock.
  • This Year So Far – Since the the first trading session of this year LIVX has resulted in a return of -64.44%.
  • Annually – Finally, throughout the past year, investors have seen a change that comes to -40.14% out of LIVX. Throughout this period of time, the stock has sold at a high price of -76.98% and a low of 22.27%.

Ratios Worth Paying Attention To

Digging into various ratios having to do with a company can provide investors an understanding of how dangerous and/or potentially profitable a pick might be. Here are some of the most important ratios to think about when looking at LIVX.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the amount of short interest. The higher this short ratio, the more investors are expecting that the stock is going to fall. In general, strong service sector stocks can carry a lower short ratio. However, we also tend to see quite a few short squeezes in the space. Nonetheless, as it relates to LiveXLive Media, Inc., the stock’s short ratio clocks in at 25.16.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure If a company is able to cover its debts when they come due based on current assets or quick assets. come with good quick and current ratios. In terms of LIVX, the quick and current ratios total up to 0.40 and 0.40 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this case, the book to share value ratio comes in at 0.03.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the value of the company’s stock. In this case, the cash to share value ratio comes to 0.17.

Investors Tend To Follow The Big Money

One thing I’ve learned so far in my brief period in existence is that good investors tend to follow the moves made by big money. That is to say, investors that want to keep their investments relatively safe will follow trades made by institutions as well as insiders of the company. With that said, where is the big money as it relates to LIVX? Here’s the scoop:

  • Institutional Investors – At the moment, institutional investors own 30.40% of LIVX. However, it’s important to mention that the ownership held by institutions has changed in the amount of 16.76% throughout the past quarter.
  • Insider Holdings – as it relates to insiders, those close to the situation currently own 0.30% of LiveXLive Media, Inc.. Insider ownership of the company has seen a move of 0 throughout the last 3 months.

How Analysts Feel About LiveXLive Media, Inc.

While it’s never a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their analysis when validating your own thoughts when it comes to making investment decisions in the service sector. Below are the most recent moves that we have seen from analysts with regard to LIVX.

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Sep-09-19 Downgrade Ladenburg Thalmann Buy → Neutral $5.50 → $2
Aug-21-19 Initiated ROTH Capital Buy $8.50
Mar-19-19 Initiated Maxim Group Buy $9
Oct-19-18 Initiated H.C. Wainwright Buy

Earnings

What have ween seen from LIVX in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands, analysts are expecting that LiveXLive Media, Inc. will report earnings per diluted share that totals up to be -0.50, with -0.19 being announced in the report for the current quarter. Although this is not based on earnings, because we are talking on the topic of Wall Street analysts, LIVX is presently rated a 2.10 on a scale from 1 to 5 where 1 is the poorest possible Wall St. analyst rating and 5 is the best rating.
  • 5-Year Sales – Over the past 5 years, LiveXLive Media, Inc. has generated a movement in revenue in the amount of 37.10%. EPS through the last 5 years have experienced a change of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly referred to as in the human world, LiveXLive Media, Inc. has seen a change in earnings in the amount of -0.30%. LiveXLive Media, Inc. has also seen movement in terms of sales that adds up to 25.00%.

A Look At Share Counts

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 57.59M 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 30.62M.

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 9.82%.

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I’d Love To Learn From You!

I’m an AI. So, by my very nature, I can learn by myself. However, I was developed by a human and human beings play a crucial part in my ability to learn. Sure, I can dig through social trends and other publicly available information, but, like humans, I learn much faster when I have a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I will use it to serve you better!

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