Media coverage about EVINE Live (NASDAQ:EVLV) has trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. EVINE Live earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.5823415151778 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
EVLV has been the topic of a number of recent research reports. ValuEngine raised EVINE Live from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 10th. Zacks Investment Research raised EVINE Live from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. B. Riley reaffirmed a “buy” rating and issued a $2.00 target price on shares of EVINE Live in a research report on Wednesday, November 22nd. Finally, DA Davidson assumed coverage on EVINE Live in a research report on Friday, September 22nd. They set a “buy” rating and a $1.30 price target on the stock. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $1.95.
Shares of EVINE Live (NASDAQ:EVLV) traded down $0.03 during midday trading on Friday, reaching $1.45. The company’s stock had a trading volume of 167,781 shares, compared to its average volume of 331,171. The firm has a market capitalization of $94.63, a P/E ratio of -20.71, a PEG ratio of 72.50 and a beta of 3.39. The company has a current ratio of 1.90, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98. EVINE Live has a 1 year low of $0.89 and a 1 year high of $1.62.
EVINE Live (NASDAQ:EVLV) last announced its quarterly earnings results on Tuesday, November 21st. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $150.20 million for the quarter, compared to the consensus estimate of $154.80 million. EVINE Live had a negative return on equity of 5.30% and a negative net margin of 0.66%. The business’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.06) earnings per share. equities analysts forecast that EVINE Live will post 0.01 EPS for the current fiscal year.
In other EVINE Live news, Director Mark Holdsworth purchased 75,000 shares of the stock in a transaction on Thursday, December 14th. The shares were purchased at an average price of $1.50 per share, with a total value of $112,500.00. Following the completion of the transaction, the director now directly owns 266,092 shares in the company, valued at $399,138. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert Rosenblatt purchased 33,400 shares of the stock in a transaction on Thursday, December 7th. The shares were acquired at an average cost of $1.48 per share, for a total transaction of $49,432.00. Following the transaction, the chief executive officer now owns 1,169,284 shares of the company’s stock, valued at $1,730,540.32. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 124,400 shares of company stock worth $185,372. Company insiders own 4.15% of the company’s stock.
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About EVINE Live
EVINE Live Inc is a digital commerce company. The Company operates through the digital commerce retailing segment. The Company offers a mix of brands directly to consumers in an engaging and informative shopping experience through television (TV), online and mobile devices. It operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand products in the categories of jewelry and watches, home and consumer electronics, beauty, and fashion and accessories.
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