LivePerson, Inc. (NASDAQ:LPSN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.15 and traded as high as $1.40. LivePerson shares last traded at $1.35, with a volume of 2,328,175 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on LPSN shares. StockNews.com upgraded shares of LivePerson from a "sell" rating to a "hold" rating in a research report on Saturday, November 16th. Craig Hallum downgraded shares of LivePerson from a "buy" rating to a "hold" rating and set a $1.00 price target on the stock. in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $1.25.
View Our Latest Report on LPSN
LivePerson Stock Performance
The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27. The firm's 50-day moving average price is $1.17 and its 200-day moving average price is $1.16. The stock has a market cap of $125.46 million, a P/E ratio of -0.91 and a beta of 1.59.
LivePerson (NASDAQ:LPSN - Get Free Report) last posted its earnings results on Thursday, November 7th. The technology company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.08). The firm had revenue of $74.24 million for the quarter, compared to the consensus estimate of $71.56 million. LivePerson had a negative net margin of 18.72% and a negative return on equity of 111.48%. During the same quarter in the prior year, the company posted ($0.08) earnings per share. Sell-side analysts expect that LivePerson, Inc. will post -0.41 earnings per share for the current fiscal year.
Insider Transactions at LivePerson
In other news, Director Bruce Edward Hansen sold 84,944 shares of the business's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $0.85, for a total transaction of $72,202.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO John Deneen Collins sold 130,000 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $0.85, for a total value of $110,500.00. Following the completion of the sale, the chief financial officer now owns 997,604 shares of the company's stock, valued at approximately $847,963.40. This represents a 11.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 227,848 shares of company stock worth $203,091 in the last three months. Insiders own 9.00% of the company's stock.
Hedge Funds Weigh In On LivePerson
Several hedge funds have recently bought and sold shares of LPSN. SBI Securities Co. Ltd. purchased a new stake in shares of LivePerson during the fourth quarter valued at $25,000. Wolverine Trading LLC boosted its position in LivePerson by 104.1% in the 3rd quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company's stock valued at $40,000 after buying an additional 16,385 shares during the period. Raymond James Financial Inc. bought a new position in LivePerson in the 4th quarter worth about $66,000. Assenagon Asset Management S.A. bought a new stake in shares of LivePerson during the fourth quarter valued at approximately $68,000. Finally, Dodds Wealth LLC purchased a new stake in shares of LivePerson in the fourth quarter valued at approximately $96,000. Institutional investors own 79.83% of the company's stock.
About LivePerson
(
Get Free Report)
LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.
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