The market performance of Live Nation Entertainment Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $107.24 on 03/28/24, with the lowest value for the same timeframe being $76.48, recorded on 10/27/23.
52-week price history of LYV Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Live Nation Entertainment Inc’s current trading price is -9.52% away from its 52-week high, while its distance from the 52-week low is 26.87%. The stock’s price range during this period has fluctuated between $76.48 and $107.24. Shares of the company, which operates in the Communication Services sector, recorded a trading volume of around 2.18 million for the day, which was evidently lower than the average daily volume of 2.44 million over the last three months.
Financial Performance and Market Capitalization
Live Nation Entertainment Inc (LYV) has experienced a quarterly rise of 10.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.46B and boasts a workforce of 14700 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 94.71, with a change in price of +3.96. Similarly, Live Nation Entertainment Inc recorded 2,283,734 in trading volume during the last 100 days, posting a change of +4.25%.
LYV Stock Stochastic Average
Live Nation Entertainment Inc’s raw stochastic average for the past 50 days is currently at 47.99%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 62.34%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 57.65% and 54.31%, respectively.
LYV Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 3.66%.However, over the last six months, we can see a weaker performance of 12.66%. Over the last 30 days, the price of LYV has leaped by -4.33%. And in the last five days, it has surged by 9.92%.
