In yesterday’s Wall Street session, Spark Networks SE (NASDAQ:LOV) shares traded at $1.20, up 16.50% from the previous session.
As of this writing, 1 analysts cover Spark Networks SE (NASDAQ:LOV). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $6.00, we find $6.00. Given the previous closing price of $1.03, this indicates a potential upside of 482.52 percent. LOV stock price is now 20.64% away from the 50-day moving average and -45.50% away from the 200-day moving average. The market capitalization of the company currently stands at $26.12M.
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There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $6.00 as their price target over the next twelve months.
On April 30, 2020, B. Riley FBR reiterated its ‘Buy’ rating on the stock by increasing its target price from $11 to quote $7.50, while ‘Canaccord Genuity’ rates the stock as ‘Buy’.
In other news, Osmium Partners, LLC, 10% Owner sold 210,501 shares of the company’s stock on Dec 30. The stock was sold for $130,048 at an average price of $0.62. Upon completion of the transaction, the 10% Owner now directly owns 4,520,702 shares in the company, valued at $5.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 29, 10% Owner Osmium Partners, LLC sold 200,000 shares of the business’s stock. A total of $128,300 was realized by selling the stock at an average price of $0.64. This leaves the insider owning 4,731,203 shares of the company worth $5.68 million. Insiders disposed of 819,027 shares of company stock worth roughly $0.98 million over the past 1 year. A total of 12.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LOV stock. In total, there are 25 active investors with 38.40% ownership of the company’s stock.
Tuesday morning saw Spark Networks SE (NASDAQ: LOV) opened at $1.0100. During the past 12 months, Spark Networks SE has had a low of $0.52 and a high of $3.85. As of last week, the company has a debt-to-equity ratio of 5.99, a current ratio of 0.30, and a quick ratio of 0.30. The fifty day moving average price for LOV is $0.9948 and a two-hundred day moving average price translates $2.2018 for the stock.
The latest earnings results from Spark Networks SE (NASDAQ: LOV) was released for Jun, 2022. According to the Internet Content & Information Company, earnings per share came in at -$3.34, missing analysts’ expectations of -$0.02 by -3.32. This compares to -$0.10 EPS in the same period last year. The net profit margin was -18.60% and return on equity was -150.90% for LOV. The company reported revenue of $48.18 million for the quarter, compared to $53.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.6 percent. For the current quarter, analysts expect LOV to generate $53.02M in revenue.
Spark Networks SE(LOV) Company Profile
Spark Networks SE operates online dating sites and mobile applications. It focuses on catering to the 40+ age demographic and religious communities in North America and other international markets. The company operates its dating platforms under the Zoosk, EliteSingles, Christian Mingle, Jdate, JSwipe, and SilverSingles brands. Spark Networks SE is headquartered in Berlin, Germany.
