News stories about EVINE Live (NASDAQ:EVLV) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EVINE Live earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.5201605828907 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Evine Live Inc. to Present at Upcoming Investor Conference (finance.yahoo.com)
- EVINE Live Inc. (EVLV) to Release Earnings on Wednesday (americanbankingnews.com)
- Stock in the Limelight: EVINE Live Inc. (NASDAQ:EVLV) – FLBC News (flbcnews.com)
- EVINE Live Inc. (NASDAQ:EVLV) Stock Traded -3.8% Below Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Can This Stock Price Climb The Ladder: EVINE Live Inc. (NASDAQ … – FLBC News (flbcnews.com)
Several analysts have recently weighed in on the stock. B. Riley reaffirmed a “buy” rating and set a $2.00 price target on shares of EVINE Live in a research note on Tuesday, June 27th. Zacks Investment Research raised shares of EVINE Live from a “sell” rating to a “hold” rating in a research note on Wednesday, May 31st. Maxim Group set a $3.00 price target on shares of EVINE Live and gave the company a “buy” rating in a research note on Tuesday, May 23rd. Finally, ValuEngine downgraded shares of EVINE Live from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd.
EVINE Live (EVLV) traded up 6.9140% during trading on Friday, reaching $0.9943. 83,833 shares of the company’s stock traded hands. The company has a 50 day moving average price of $1.04 and a 200-day moving average price of $1.22. EVINE Live has a 12-month low of $0.89 and a 12-month high of $2.40. The company’s market cap is $60.62 million.
EVINE Live (NASDAQ:EVLV) last announced its quarterly earnings data on Tuesday, May 23rd. The company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by $0.01. EVINE Live had a negative net margin of 1.07% and a negative return on equity of 7.89%. The firm had revenue of $156.30 million during the quarter, compared to analyst estimates of $153.59 million. During the same quarter in the previous year, the business posted ($0.09) earnings per share. EVINE Live’s revenue for the quarter was down 6.4% compared to the same quarter last year. On average, equities research analysts forecast that EVINE Live will post $0.00 EPS for the current fiscal year.
In related news, Director Mark Holdsworth purchased 50,000 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The shares were purchased at an average cost of $0.99 per share, for a total transaction of $49,500.00. Following the purchase, the director now directly owns 216,092 shares of the company’s stock, valued at $213,931.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert Rosenblatt purchased 86,957 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were bought at an average price of $1.15 per share, for a total transaction of $100,000.55. Following the completion of the purchase, the chief executive officer now directly owns 1,135,884 shares in the company, valued at $1,306,266.60. The disclosure for this purchase can be found here. Insiders bought a total of 163,957 shares of company stock worth $179,641 over the last 90 days. Company insiders own 4.15% of the company’s stock.
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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