LiveOne (NASDAQ:LVO) Price Target Lowered to $3.00 at HC Wainwright

LiveOne (NASDAQ:LVOGet Rating) had its price target reduced by HC Wainwright from $4.00 to $3.00 in a research note published on Monday, The Fly reports. They currently have a buy rating on the stock.

Separately, Alliance Global Partners dropped their price objective on shares of LiveOne from $5.00 to $3.50 in a report on Friday, November 11th.

LiveOne Stock Performance

NASDAQ LVO opened at $0.68 on Monday. LiveOne has a 52-week low of $0.56 and a 52-week high of $2.18. The company has a market capitalization of $57.32 million, a P/E ratio of -2.43 and a beta of 1.37. The company has a fifty day moving average of $0.77 and a 200-day moving average of $0.91.

Hedge Funds Weigh In On LiveOne

Large investors have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd purchased a new position in LiveOne in the 2nd quarter worth $25,000. Mirabella Financial Services LLP purchased a new position in LiveOne in the 1st quarter worth $26,000. Integrated Wealth Concepts LLC raised its position in LiveOne by 34.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 32,450 shares of the company’s stock worth $28,000 after purchasing an additional 8,250 shares during the period. FFT Wealth Management LLC purchased a new position in LiveOne in the 2nd quarter worth $32,000. Finally, Renaissance Technologies LLC raised its position in LiveOne by 59.9% in the 3rd quarter. Renaissance Technologies LLC now owns 75,000 shares of the company’s stock worth $53,000 after purchasing an additional 28,100 shares during the period. Hedge funds and other institutional investors own 24.51% of the company’s stock.

LiveOne Company Profile

(Get Rating)

LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.

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