In yesterday’s Wall Street session, LivePerson Inc. (NASDAQ:LPSN) shares traded at $3.77, down -4.80% from the previous session.
LPSN stock price is now -17.60% away from the 50-day moving average and -61.18% away from the 200-day moving average. The market capitalization of the company currently stands at $301.07M.
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
All the details are in the FREE online report you can get here.
Sponsored
In other news, Osumi Norman M., Chief Accounting Officer sold 570 shares of the company’s stock on Apr 24. The stock was sold for $2,827 at an average price of $4.96. Upon completion of the transaction, the Chief Accounting Officer now directly owns 47,099 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 13, EVP, Policy & General Counsel Greenberg Monica L. sold 1,003 shares of the business’s stock. A total of $4,824 was realized by selling the stock at an average price of $4.81. This leaves the insider owning 108,861 shares of the company worth $0.41 million. Insiders disposed of 34,331 shares of company stock worth roughly $0.13 million over the past 1 year. A total of 0.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LPSN stock. A new stake in LivePerson Inc. shares was purchased by SQUAREPOINT OPS LLC during the first quarter worth $4,809,000. QUBE RESEARCH & TECHNOLOGIES LTD invested $2,074,000 in shares of LPSN during the first quarter. In the first quarter, PHOENIX HOLDINGS LTD. acquired a new stake in LivePerson Inc. valued at approximately $1,638,000. BALYASNY ASSET MANAGEMENT L.P. acquired a new stake in LPSN for approximately $1,327,000. FEDERATED HERMES, INC. purchased a new stake in LPSN valued at around $1,260,000 in the second quarter. In total, there are 261 active investors with 87.90% ownership of the company’s stock.
On Thursday morning LivePerson Inc. (NASDAQ: LPSN) stock kicked off with the opening price of $3.9900. During the past 12 months, LivePerson Inc. has had a low of $3.57 and a high of $18.17. As of last week, the company has a debt-to-equity ratio of 8.98, a current ratio of 1.10, and a quick ratio of 1.10. The fifty day moving average price for LPSN is $4.4552 and a two-hundred day moving average price translates $9.6666 for the stock.
The latest earnings results from LivePerson Inc. (NASDAQ: LPSN) was released for Mar, 2023. According to the Software – Application Company, earnings per share came in at -$0.23, beating analysts’ expectations of -$0.46 by 0.23. This compares to -$0.86 EPS in the same period last year. The net profit margin was -36.10% and return on equity was -207.10% for LPSN. The company reported revenue of $107.66 million for the quarter, compared to $130.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.31 percent. For the current quarter, analysts expect LPSN to generate $96.83M in revenue.