Shares of LiveXLive Media Inc. (NASDAQ:LIVX) traded today at $5.19, 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 1 million shares.
LiveXLive Media Inc. (NASDAQ:LIVX) has potential upside of 2.4% based on a current price of $5.12 and analysts’ consensus price target of $5.24.
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.
Over the past year, LiveXLive Media Inc. has traded in a range of $1.10 to $5.19 and is now at $5.12, 367% above that low.
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