Let Me Show You the Secrets Of: LiveXLive Media, Inc. (NASDAQ: LIVX)
On MONDAY, LiveXLive Media, Inc. (NASDAQ: LIVX) ended the last transaction at $1.6, with a change of -4.76%. The daily volume was calculated at 161733 shares. The company has a market worth of $93.23M. It holds an average volume of 121.22K shares. In 52-week session, the stock hit the peak level of -77.88% and touched to lowest level of 17.50%. LIVX price decreased at -1.75% from 20-Days Simple Moving Average, plunged at -17.81% from 50-Days Simple Moving Average and settled at -58.39% from 200 Days Simple Moving Average.
LiveXLive Media, Inc. (LIVX) recently reported that Jason Miller has been named its Global Head of Sales and Brand Joint Ventures and Kyle Hoedl has been named its Vice President of Marketing.
“Jason and Kyle are savvy veterans of the music and media industry with hard-won expertise and exclusive skillsets,” stated Dermot McCormack, President of LiveXLive. “Their appointments sharpen our ability to grow revenue and market share as we intensify our focus on the biggest and best festivals globally and double-down on big brand, artist and distribution joint ventures.”
In his new position, Miller will oversee LiveXLive’s sales team and focus on increasing the company’s sponsorship, media, content and brand joint ventures. In addition, he will create high-impact customized marketing solutions for brands across LiveXLive’s live social music platform, helping LiveXLive develop, integrate, and amplify its music and event strategy. Miller most recently served as Executive Vice President of Advertising and Integrated Marketing at Fuse Media, where he conceptualized and implemented activations at leading music festivals, including ACL, Bonnaroo, Coachella, E3, Lollapalooza and SXSW. A senior executive at Fuse for over 14 years, Miller worked closely with the digital team at Fuse, helping to spearhead the expansion of its non-linear strategy.
The Company has 58.27 million shares outstanding and 30.62 million shares were floated in market. The short ratio in the company’s stock is documented at 24.8 and the short float is around of 9.82%. The average true range of the stock is observed at 0.18 and the relative strength index of the stock is recorded at 45.45. Analyst recommendation for this stock stands at 2.1. The volatility in the previous week has experienced by 12.10% and observed of 12.02% in the previous month. 30.40% ownership is held by institutional investors while insiders hold ownership of 0.30%.
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