Eva Live (NASDAQ:GOAI) Posts Quarterly Earnings Results

Eva Live (NASDAQ:GOAI) posted its quarterly earnings results on Friday. The company reported ($1.38) EPS for the quarter, FiscalAI reports. The company had revenue of $3.73 million for the quarter.

Eva Live Stock Down 6.1%

NASDAQ GOAI traded down $0.03 during trading on Friday, hitting $0.48. The company had a trading volume of 247,920 shares, compared to its average volume of 238,260. Eva Live has a one year low of $0.42 and a one year high of $18.00. The company’s fifty day moving average is $1.66 and its 200-day moving average is $2.54.

Insider Buying and Selling at Eva Live

In related news, CEO David Boulette bought 19,800 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were purchased at an average price of $2.01 per share, with a total value of $39,798.00. Following the purchase, the chief executive officer owned 23,266,225 shares of the company’s stock, valued at approximately $46,765,112.25. This trade represents a 0.09% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analysts Forecast Growth

GOAI has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Eva Live from a “sell” rating to a “strong sell” rating in a report on Saturday, October 17th. Maxim Group began coverage on shares of Eva Live in a research note on Monday, October 12th. They set a “buy” rating and a $7.00 price objective for the company. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Eva Live in a report on Tuesday, September 1st. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $7.00.

About Eva Live

Eva Live, Inc. is a technology company focused on live streaming and digital social engagement. Its EVA platform enables users to broadcast video and interact with audiences in real time. The company’s services are centered on connecting content creators and viewers through live video and social features. Eva Live’s operations focus on its digital platform.