Shares of LiveXLive Media Inc. (:LIVX) traded today at $5.15, eclipsing its 52-week high. This new high was reached on below average trading volume as 324,000 shares traded hands, while the average 30-day volume is approximately 973,000 shares.
LiveXLive Media Inc is the premium internet networks devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival and Hangout Music Festival, as well as original content, artist exclusives and industry interviews. The LiveXLive platform has featured performances and content from some of the most popular artists in various music genres, including Rihanna, Katy Perry, Metallica, Duran Duran, Radiohead, Chance The Rapper, Bruce Springsteen, Major Lazer and Maroon 5.
In the past 52 weeks, LiveXLive Media Inc. share prices are bracketed by a low of $0.72 and a high of $5.15 and is now at $4.50, 525% above that low price.
There is potential upside of 19.6% for shares of LiveXLive Media Inc. based on a current price of $4.50 and an average consensus analyst price target of $5.38.
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