Iveda Solutions (NASDAQ:IVDA) Releases Earnings Results

Iveda Solutions (NASDAQ:IVDA) issued its earnings results on Friday. The company reported ($0.06) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $1.49 million during the quarter. Iveda Solutions had a negative return on equity of 109.05% and a negative net margin of 60.56%.

Iveda Solutions Stock Performance

Shares of NASDAQ IVDA traded down $0.00 during trading hours on Friday, hitting $0.32. 271,556 shares of the stock were exchanged, compared to its average volume of 384,094. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.86 and a quick ratio of 4.67. The company’s 50 day moving average is $0.29 and its 200 day moving average is $0.64. The firm has a market capitalization of $1.86 million, a P/E ratio of -0.36 and a beta of 0.87. Iveda Solutions has a one year low of $0.22 and a one year high of $2.70.

Institutional Trading of Iveda Solutions

A hedge fund recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC purchased a new stake in Iveda Solutions, Inc. (NASDAQ:IVDA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned 0.85% of Iveda Solutions at the end of the most recent reporting period. Institutional investors own 4.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Iveda Solutions in a research report on Monday, April 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Iveda Solutions has a consensus rating of “Sell”.

About Iveda Solutions

Iveda Solutions, Inc (NASDAQ: IVDA) is a technology company specializing in AI-driven security and smart city solutions. The company develops and delivers integrated hardware and software platforms designed to capture, process and analyze video data in real time, enabling organizations across government, enterprise and critical infrastructure sectors to enhance situational awareness, optimize resource deployment and streamline operational workflows.

The company’s product suite centers around the Iveda Cloud platform, offering cloud-based video storage, remote monitoring and cybersecurity features.