In yesterday’s Wall Street session, Liveperson Inc (NASDAQ:LPSN) shares traded at $0.73, down -7.81% from the previous session.
LPSN stock price is now -57.57% away from the 50-day moving average and -77.22% away from the 200-day moving average. The market capitalization of the company currently stands at $64.51M.
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, Collins John DeNeen, CFO and COO sold 2,958 shares of the company’s stock on Apr 02 ’24. The stock was sold for $2,781 at an average price of $0.94. Upon completion of the transaction, the CFO and COO now directly owns 481,941 shares in the company, valued at $0.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’24, EVP, Policy & General Counsel Greenberg Monica L. sold 1,957 shares of the business’s stock. A total of $1,840 was realized by selling the stock at an average price of $0.94. This leaves the insider owning 207,344 shares of the company worth $0.15 million. A total of 24.61% of the company’s stock is owned by insiders.
During the past 12 months, Liveperson Inc has had a low of $0.76 and a high of $6.41. 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 $1.7254 and a two-hundred day moving average price translates $3.2139 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 $80.71M in revenue.
