For the readers interested in the stock health of Live Nation Entertainment Inc. (LYV). It is currently valued at $76.99. When the transactions were called off in the previous session, Stock hit the highs of $77.50, after setting-off with the price of $75.41. Company’s stock value dipped to $74.50 during the trading on the day. When the trading was stopped its value was $74.79.
Recently in News on July 20, 2021, Live Nation Entertainment Schedules Second Quarter 2021 Earnings Release and Teleconference. Live Nation Entertainment, Inc. (NYSE: LYV), the world’s leading live entertainment company, will release its second quarter 2021 financial results after market hours on Tuesday, August 3, 2021. Michael Rapino, Live Nation Entertainment’s President and Chief Executive Officer, will host a teleconference that day at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company’s financial performance, operational outlook, and other forward-looking matters. You can read further details here
Live Nation Entertainment Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $94.63 on 03/03/21, with the lowest value was $65.88 for the same time period, recorded on 01/29/21.
Live Nation Entertainment Inc. (LYV) full year performance was 56.45%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Live Nation Entertainment Inc. shares are logging -18.64% during the 52-week period from high price, and 71.28% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $44.95 and $94.63.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 3580730 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Live Nation Entertainment Inc. (LYV) recorded performance in the market was 4.78%, having the revenues showcasing -1.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 17.14B, as it employees total of 8200 workers.
Specialists analysis on Live Nation Entertainment Inc. (LYV)
During the last month, 0 analysts gave the Live Nation Entertainment Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 85.58, with a change in the price was noted -10.23. In a similar fashion, Live Nation Entertainment Inc. posted a movement of -11.73% for the period of last 100 days, recording 2,144,666 in trading volumes.
Trends and Technical analysis: Live Nation Entertainment Inc. (LYV)
Raw Stochastic average of Live Nation Entertainment Inc. in the period of last 50 days is set at 13.96%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.96%. In the last 20 days, the company’s Stochastic %K was 6.86% and its Stochastic %D was recorded 5.60%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 4.78%. Additionally, trading for the stock in the period of the last six months notably improved by 0.59%, alongside a boost of 56.45% for the period of the last 12 months. The shares increased approximately by -5.86% in the 7-day charts and went up by -10.12% in the period of the last 30 days. Common stock shares were lifted by -1.86% during last recorded quarter.