Liveperson Inc (NASDAQ:LPSN) shares traded -5.74% lower at $0.98 on Wall Street last session.
LPSN stock price is now -61.85% away from the 50-day moving average and -71.67% away from the 200-day moving average. The market capitalization of the company currently stands at $86.37M.
With the price target reduced from $6 to $2, ROTH MKM Downgraded its rating from Buy to Neutral for Liveperson Inc (NASDAQ: LPSN). On August 09, 2023, ROTH MKM Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $6, while ‘Craig Hallum’ rates the stock as ‘Buy’
In other news, Wesemann William, Director bought 100,000 shares of the company’s stock on Mar 12 ’24. The stock was bought for $100,000 at an average price of $1.00. Upon completion of the transaction, the Director now directly owns 374,835 shares in the company, valued at $0.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 10 ’24, 10% Owner Vector Capital Management, L.P bought 354,965 shares of the business’s stock. A total of $1,232,829 was incurred on buying the stock at an average price of $3.47. This leaves the insider owning 10,899,456 shares of the company worth $10.68 million. A total of 20.22% of the company’s stock is owned by insiders.
During the past 12 months, Liveperson Inc has had a low of $0.98 and a high of $9.85. As of last week, the company has a debt-to-equity ratio of 12.30, a current ratio of 1.20, and a quick ratio of 1.20. The fifty day moving average price for LPSN is $2.5162 and a two-hundred day moving average price translates $3.4460 for the stock.
The latest earnings results from Liveperson Inc (NASDAQ: LPSN) was released for Dec, 2023. According to the Software – Application Company, earnings per share came in at -$0.48, missing analysts’ expectations of -$0.31 by -0.17. This compares to -$0.64 EPS in the same period last year. The net profit margin was -24.98% and return on equity was -172.83% for LPSN. The company reported revenue of $95.47 million for the quarter, compared to $122.48 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.05 percent. For the current quarter, analysts expect LPSN to generate $80.65M in revenue.
