We are pleasantly surprised by the early success of the Pay-pay-View initiative given the $1.35 million in ticket sales to date in 2020. “With LIVX’s dominant position as the industry leader in streaming live events, we believe the company continues to move rapidly to capture an increasing market share with its remote production/distribution platform for artists. Better yet, the quarter saw a 20% year-over-year increase in paid subscribers.īased on recent growth as well as the company’s $2 share price, Ladenburg analyst Jon Hickman thinks that now is the right time to pull the trigger. Since then, however, the share price has fallen even as LiveXLive has reported a record-breaking first fiscal quarter, with the $10.5 million in revenue being its highest-ever quarterly result. The stay-at-home policies helped LIVX in 1H20, as the stock saw strong gains and peaked in value in early July. The company also offers digital audio, music-on-demand, and a social music network.

LiveXLive is a music and streaming company, offering platforms to deliver the digital music experience on live stream. We’ll start in digital media, a tech niche that has gained from the various lockdown policies and the larger turn toward remote work and schooling. Not to mention substantial upside potential is on the table. The platform steered us towards three tickers sporting share prices under $5 and Moderate or Strong Buy consensus ratings from the analyst community. With this in mind, we used TipRanks’ database to find compelling stocks with bargain price tags. Some investors say to keep away from low-cost stocks, as a price under $5 gets that low for good reason – but some ‘penny’ stocks are fundamentally sound and show the best upsides in the market. A high or rising share price, upside potential, or dividend payment have all been used – but all have their exceptions.

Investors are always on the lookout for the best stock purchase, but the signs that indicate the ‘right’ stocks are an inconsistent lot.

Livx stock price today