Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Live Nation Entertainment Inc’s current trading price is -13.17% away from its 52-week high, while its distance from the 52-week low is 43.34%. The stock’s price range during this period has varied between $64.96 and $107.24. The company, active in the Communication Services sector, saw a trading volume of around 4.71 million for the day, considerably higher average daily volume of 2.2 million observed over the last three months.
Live Nation Entertainment Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $107.24 on 03/28/24, and the lowest price during that time was $64.96, recorded on 04/26/23.
How Financial Performance Impacts Market Capitalization
Live Nation Entertainment Inc (LYV) has experienced a quarterly rise of 2.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.49B and boasts a workforce of 14700 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 93.78, with a change in price of +3.22. Similarly, Live Nation Entertainment Inc recorded 2,148,244 in trading volume during the last 100 days, posting a change of +3.58%.
LYV Stock Stochastic Average
As of today, the raw stochastic average of Live Nation Entertainment Inc over the past 50 days is 30.94%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 14.58%. Additionally, the Stochastic %K and %D values for the company were 9.77% and 13.64%, respectively, over the past 20 days.
LYV Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -0.52%. However, over the past six months, we’ve seen a weaker performance of 10.13%. The price of LYV leaped by -10.27% over the last 30 days. And in the last five days, it has fallen by -9.36%.
