Shares of Live Ventures Inc (NASDAQ:LIVE) fell -14.35% to reach at $1.97 during the course of session. The company has experienced volume of 5.95M shares while on average the company has a capacity of trading 126,593.00 shares.
Live Ventures Inc (NASDAQ:LIVE) on August 15, 2016 announced financial results from its third fiscal quarter, which ended June 30, 2016.
During the quarter, net income was $13.7 million and Earnings per Share (EPS) was $0.79.
The Company reported sales of approximately $20 million, which was approximately $17 million, or, 580 percent higher over the same quarter last year. Gross profit was $5.1 million, which was approximately $4.0 million, or 346 percent higher than last year.
Stockholders’ Equity as of June 30, 2016 was $21.2 million or $1.26 per share and total assets were $52.1 million.
The Company repurchased 180,731 shares since the inception of its share repurchase program on January 21, 2016.
Excluding a one-time charge of $0.8 million for Modern Everyday Inc. inventory write-down and one-time gain of $12.2 million in income tax benefit relating to the Company’s deferred tax asset, net income for the third fiscal quarter was $0.11 per share.
Live Ventures Inc (NASDAQ:LIVE) holds the market capitalization of $36.07M along with 16.80M outstanding shares. During the last trade, stock’s minimum price has been reached out at $1.97 while the maximum trading price moved at $3.05. For the stock, price target value has been calculated at $8.27 based on calls of 1 experts. Stock’s minimum price target estimates has been figured out at $8.27 while the maximum price target forecast is established at $8.27. Currently the stock price is moving -40.30% off from the highest level of twelve months and +162.67% above from twelve months low. Live Ventures Inc (NASDAQ:LIVE) marked highest price level of $3.30 on 12/10/15 and lowest price level of $0.75 on 08/24/15.
As of current trade, Live Ventures Inc (NASDAQ:LIVE) has shown weekly downbeat performance of -3.94%. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 0.51%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 34.93%. The company’s price sits 15.34% above from its 50-day moving average of $1.76 and 22.46% above from the stock’s 200-day moving average of $1.61. The company has Relative Strength Index (RSI 14) of 55.04 along with Average True Range (ATR 14) of 0.20. Its weekly and monthly volatility is 20.31%, 9.12% respectively. The company’s beta value is at -1.81.
Live Ventures Inc (NASDAQ:LIVE)’s price to sales ratio for trailing twelve months is 0.50 and price to book ratio for most recent quarter is 4.19, whereas price to cash per share for the most recent quarter is 8.92. Live Ventures Inc (NASDAQ:LIVE)’s price to free cash flow for trailing twelve months is 10.11. Its quick ratio for most recent quarter is 1.20 along with current ratio for most recent quarter of 2.20. Total debt to equity ratio of the company for most recent quarter is 2.78 whereas long term debt to equity ratio for most recent quarter is 2.59. Live Ventures Inc (NASDAQ:LIVE) has a Return on Assets of -21.40%. The company currently has a Return on Equity of -91.90% and Return on Investment of -36.50%.