Iveda Solutions (NASDAQ:IVDA) Shares Up 0.3% – Time to Buy?

Iveda Solutions, Inc. (NASDAQ:IVDA) shares were up 0.3% during trading on Monday . The company traded as high as $0.3480 and last traded at $0.3350. 566,418 shares traded hands during trading, a decline of 97% from the average daily volume of 20,547,922 shares. The stock had previously closed at $0.3340.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a report on Monday, April 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Iveda Solutions Stock Up 6.9%

The stock has a market cap of $4.06 million, a PE ratio of -0.52 and a beta of 0.97. The business has a fifty day moving average of $0.34 and a 200-day moving average of $0.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.53 and a quick ratio of 4.38.

Iveda Solutions (NASDAQ:IVDA) last issued its earnings results on Friday, May 15th. The company reported ($0.06) earnings per share for the quarter. Iveda Solutions had a negative net margin of 55.42% and a negative return on equity of 73.92%. The firm had revenue of $1.49 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC purchased a new stake in Iveda Solutions, Inc. (NASDAQ:IVDA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned about 0.85% of Iveda Solutions as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 4.30% of the company’s stock.

Iveda Solutions Company Profile

Iveda Solutions, Inc (NASDAQ: IVDA) is a technology company specializing in AI-driven security and smart city solutions. The company develops and delivers integrated hardware and software platforms designed to capture, process and analyze video data in real time, enabling organizations across government, enterprise and critical infrastructure sectors to enhance situational awareness, optimize resource deployment and streamline operational workflows.

The company’s product suite centers around the Iveda Cloud platform, offering cloud-based video storage, remote monitoring and cybersecurity features.