In yesterday’s Wall Street session, Lizhi Inc. (NASDAQ:LIZI) shares traded at $0.98, up 2.08% from the previous session.
1 analysts cover Lizhi Inc. (NASDAQ:LIZI), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.70 and a low of $1.70, we find $1.70. Given the previous closing price of $0.96, this indicates a potential upside of 77.08 percent. LIZI stock price is now 52.73% away from the 50-day moving average and 0.18% away from the 200-day moving average. The market capitalization of the company currently stands at $33.38M.
The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $1.70 as their price target over the next twelve months.
On February 11, 2020, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $19.
A total of 0.21% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LIZI stock. A new stake in Lizhi Inc. shares was purchased by JANE STREET GROUP, LLC during the first quarter worth $30,000. VIRTU FINANCIAL LLC invested $14,000 in shares of LIZI during the first quarter. In the first quarter, GROUND SWELL CAPITAL, LLC acquired a new stake in Lizhi Inc. valued at approximately $12,000. In total, there are 20 active investors with 20.90% ownership of the company’s stock.
On Monday morning Lizhi Inc. (NASDAQ: LIZI) stock kicked off with the opening price of $0.9690. During the past 12 months, Lizhi Inc. has had a low of $0.38 and a high of $2.34. As of last week, the company has a debt-to-equity ratio of 0.12, a current ratio of 1.90, and a quick ratio of 1.90. The fifty day moving average price for LIZI is $0.6417 and a two-hundred day moving average price translates $0.9782 for the stock.
The latest earnings results from Lizhi Inc. (NASDAQ: LIZI) was released for Jun, 2022. According to the Internet Content & Information Company, earnings per share came in at $0.03, beating analysts’ expectations of -$0.05 by 0.08. This compares to -$0.11 EPS in the same period last year. The net profit margin was 3.00% and return on equity was 21.10% for LIZI. The company reported revenue of $79.46 million for the quarter, compared to $78.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.41 percent. For the current quarter, analysts expect LIZI to generate $76.4M in revenue.
Lizhi Inc.(LIZI) Company Profile
LIZHI INC. operates an audio entertainment and social networking platform in the People’s Republic of China. It provides podcasts, live streaming, and audio entertainment products. The company offers Lizhi app, an audio entertainment platform that offers interactive audio experience, as well as audio entertainment content, such as social, talk show, music, ACG, and audio book content; Tiya App, an audio-based social networking product; and LIZHI Podcast, a podcast app to provide curated podcast content. LIZHI INC. was incorporated in 2010 and is headquartered in Guangzhou, the People’s Republic of China.