Stocks of Liveperson Inc (NASDAQ:LPSN) traded higher last session on Wall Street, down -11.36% to $1.56.
LPSN stock price is now 65.60% away from the 50-day moving average and -10.32% away from the 200-day moving average. The market capitalization of the company currently stands at $138.87M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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 83,735 shares of the company’s stock on Aug 12 ’24. The stock was sold for $93,783 at an average price of $1.12. Upon completion of the transaction, the CFO and COO now directly owns 372,730 shares in the company, valued at $0.58 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 12 ’24, EVP, Policy & General Counsel Greenberg Monica L. sold 34,441 shares of the business’s stock. A total of $38,574 was realized by selling the stock at an average price of $1.12. This leaves the insider owning 181,607 shares of the company worth $0.28 million. A total of 21.76% 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 $4.74. As of last week, the company has a debt-to-equity ratio of 7.04, a current ratio of 1.36, and a quick ratio of 1.36. The fifty day moving average price for LPSN is $0.9606 and a two-hundred day moving average price translates $1.7344 for the stock.
The latest earnings results from Liveperson Inc (NASDAQ: LPSN) was released for 2024-06-30. The net profit margin was -24.23% and return on equity was -111.86% for LPSN. The company reported revenue of $79.88 million for the quarter, compared to $97.52 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.1 percent.
