LiveVox Holdings, Inc. (NASDAQ:LVOX – Get Rating) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 638,400 shares, an increase of 7.7% from the November 30th total of 592,600 shares. Approximately 5.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 98,800 shares, the short-interest ratio is currently 6.5 days.
LiveVox Stock Up 9.6 %
Shares of NASDAQ LVOX opened at $2.97 on Tuesday. LiveVox has a 12 month low of $1.40 and a 12 month high of $5.45. The company has a current ratio of 4.75, a quick ratio of 4.75 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $297.15 million, a price-to-earnings ratio of -6.32 and a beta of -1.18. The business has a 50-day moving average of $2.52 and a 200-day moving average of $2.30.
Get LiveVox alerts:LiveVox (NASDAQ:LVOX – Get Rating) last issued its quarterly earnings data on Tuesday, November 8th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.01). The business had revenue of $35.25 million for the quarter, compared to analysts' expectations of $35.10 million. LiveVox had a negative return on equity of 39.08% and a negative net margin of 32.81%. Sell-side analysts expect that LiveVox will post -0.41 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Credit Suisse Group upped their price target on LiveVox from $2.50 to $3.00 and gave the company a "neutral" rating in a research report on Wednesday, November 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $5.60.Institutional Trading of LiveVox
Hedge funds and other institutional investors have recently bought and sold shares of the company. B. Riley Financial Inc. purchased a new stake in LiveVox in the second quarter worth approximately $30,000. Rhumbline Advisers bought a new position in shares of LiveVox in the second quarter worth approximately $40,000. Nuveen Asset Management LLC bought a new position in shares of LiveVox in the third quarter worth approximately $40,000. Allspring Global Investments Holdings LLC bought a new position in shares of LiveVox in the third quarter worth approximately $47,000. Finally, Rockefeller Capital Management L.P. bought a new position in shares of LiveVox in the third quarter worth approximately $59,000. Hedge funds and other institutional investors own 86.77% of the company's stock.
LiveVox Company Profile
(Get Rating)
LiveVox, Inc develops and provides cloud contact center software for businesses. Its products include Four Clouds, an outbound voice solution that enables to manage regulatory requirements with the option of three manual and one automated outbound dialing system; bundles, including two-way messaging, outbound campaigns and compliance, speech analytics, inbound contact center, and cloud interactive voice response (IVR) solutions; inbound voice solutions, which comprise automatic call distributor, IVR, and wallboards; and blended omnichannel solutions, such as voice, email, SMS, virtual agents, and webchat.
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