JMP Securities assumed coverage on shares of Livexlive Media (OTCMKTS:LIVX) in a research report released on Monday, March 12th. The firm issued an outperform rating and a $5.00 target price on the stock.
Livexlive Media stock traded up $0.07 during mid-day trading on Monday, reaching $3.82. 10,955 shares of the company were exchanged, compared to its average volume of 19,342. Livexlive Media has a 12 month low of $3.43 and a 12 month high of $7.50.
In related news, CEO Robert S. Ellin bought 8,300 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were purchased at an average cost of $3.90 per share, with a total value of $32,370.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last three months, insiders have purchased 17,100 shares of company stock worth $66,713.
LiveXLive Media, Inc, formerly Loton, Corp., is global music streaming network company. The Company is focused on live music and music-related video content. It operates 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.
Receive News & Ratings for Livexlive Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Livexlive Media and related companies with MarketBeat.com's FREE daily email newsletter.