Stocks of Liveperson Inc (NASDAQ:LPSN) traded higher last session on Wall Street, down -8.56% to $0.58.
LPSN stock price is now -32.57% away from the 50-day moving average and -79.20% away from the 200-day moving average. The market capitalization of the company currently stands at $51.10M.
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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, Kroman Alex, EVP, Product and Technology sold 65,828 shares of the company’s stock on Apr 19 ’24. The stock was sold for $33,572 at an average price of $0.51. Upon completion of the transaction, the EVP, Product and Technology now directly owns 120,047 shares in the company, valued at $69627.26. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 10 ’24, CFO and COO Collins John DeNeen sold 1,796 shares of the business’s stock. A total of $1,365 was realized by selling the stock at an average price of $0.76. This leaves the insider owning 480,145 shares of the company worth $0.28 million. A total of 22.72% of the company’s stock is owned by insiders.
During the past 12 months, Liveperson Inc has had a low of $0.45 and a high of $6.41. As of last week, the company has a debt-to-equity ratio of 26.91, a current ratio of 1.20, and a quick ratio of 1.20.
The net profit margin was -31.27% and return on equity was -281.86% 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.
