LivaNova PLC (NASDAQ:LIVN) does about 742.83K shares in volume on a normal day but saw 890022 shares change hands in Friday trading. The company now has a market cap of 3.46B USD. Its current market price is $64.15, marking an increase of 1.95% compared to the previous close of $62.92. The 52 week high reached by this stock is $63.21 whilst the lowest price level in 52 weeks is $42.75.
LivaNova PLC (LIVN) has a 20-day trading average at $55.68 and the current price is 1.49% off the 52-week high compared with 50.06% distance from its 52-week low. The 50-day simple moving average of the closing price is $54.73 and its 200-day simple moving average is $52.16. If we look at the stock’s price movements over the week, volatility stands at 4.25%, which decreases to 3.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.05 to suggest the stock is overbought.
The consensus objective for the share price is $71.00, suggesting that the stock has a potential upside of 9.65% over the period.
Mizuho upgraded the stock to “Buy” from Neutral on February 20, 2024 at a price target of $60-$70. HSBC Securities initiated its price target at $52.
LivaNova PLC (LIVN) stock is up 15.52% over the week and 20.49% over the past month. Its price is 23.99% year-to-date and 35.05% over the past year.
To reach the target analysts have set, the stock logically needs to grow 9.65 percent from here.
The company has a return on investment of -1.70% and return on equity of -2.60%. The forward price to earnings ratio is 19.05. The beta has a value of 0.97. Price to book ratio is 2.84 and price to sales ratio is 2.92.
