EVINE Live Inc (NASDAQ:EVLV) has received a consensus rating of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $1.81.
A number of equities analysts have issued reports on the stock. TheStreet raised shares of EVINE Live from a “d” rating to a “c-” rating in a report on Monday, July 23rd. B. Riley raised their target price on shares of EVINE Live from $1.50 to $1.75 and gave the stock a “buy” rating in a report on Thursday, August 30th. Zacks Investment Research raised shares of EVINE Live from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a report on Friday, August 31st. Finally, ValuEngine cut shares of EVINE Live from a “hold” rating to a “sell” rating in a report on Tuesday, September 4th.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Capital Advisors Inc. bought a new stake in shares of EVINE Live during the third quarter valued at approximately $2,795,000. Clinton Group Inc. increased its stake in shares of EVINE Live by 4.4% during the third quarter. Clinton Group Inc. now owns 1,067,912 shares of the company’s stock valued at $1,228,000 after acquiring an additional 45,420 shares during the period. Renaissance Technologies LLC increased its stake in shares of EVINE Live by 5.0% during the second quarter. Renaissance Technologies LLC now owns 1,945,256 shares of the company’s stock valued at $2,393,000 after acquiring an additional 92,100 shares during the period. Balter Liquid Alternatives LLC increased its stake in shares of EVINE Live by 68.1% during the second quarter. Balter Liquid Alternatives LLC now owns 288,401 shares of the company’s stock valued at $369,000 after acquiring an additional 116,836 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in shares of EVINE Live during the second quarter valued at approximately $290,000. 35.63% of the stock is currently owned by institutional investors.
Shares of EVLV stock remained flat at $$1.17 during trading hours on Monday. 238,036 shares of the stock traded hands, compared to its average volume of 361,672. The company has a quick ratio of 1.32, a current ratio of 2.03 and a debt-to-equity ratio of 0.80. EVINE Live has a twelve month low of $0.76 and a twelve month high of $1.74. The company has a market capitalization of $76.29 million, a PE ratio of -117.00, a price-to-earnings-growth ratio of 12.78 and a beta of 2.47.
EVINE Live Company Profile
EVINE Live Inc operates as a multiplatform interactive digital commerce company in the United States. The company markets, sells, and distributes products to consumers through television, online, mobile, and social media in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics comprising home décor, bed and bath textiles, cookware, kitchen electrics, tabletop accessories, and home furnishings; beauty products, such as skincare, cosmetics, hair care, and bath and body products; and fashion and accessories, including apparel, outerwear, intimates, handbags, accessories, and footwear.
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