Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. These revisions helped boost LIVX's consensus estimate, increasing from -$0.65 to -$0.51 in the past 60 days. Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. We have recently been noticing this with LIVX. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. LIVX is currently averaging 1,184,406 shares for the last 20 days.
Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Investors should also pay attention to LIVX's average 20-day trading volume. On the other hand, the S&P 500 has only moved 20.21% and 8.3%, respectively. Have risen 146.77%, and are up 44.34% in the last year. Over the past quarter, shares of LiveXLive Media, Inc. While any stock can see a spike in price, it takes a real winner to consistently outperform the market.
Shares are looking quite well from a longer time frame too, as the monthly price change of 42.55% compares favorably with the industry's 0.01% performance as well. It's also helpful to compare a security to its industry this can show investors the best companies in a particular area.įor LIVX, shares are up 13.21% over the past week while the Zacks Audio Video Production industry is flat over the same time period. Let's discuss some of the components of the Momentum Style Score for LIVX that show why this company shows promise as a solid momentum pick.Ī good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. You can see the current list of Zacks #1 Rank Stocks here > Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. (LIVX), which currently has a Momentum Style Score of B. Below, we take a look at LiveXLive Media, Inc.
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