LivaNova PLC (LIVN) Down -29.32% From Its 52-Week High, But Growth Potential Is Changing Over Time

LivaNova PLC (NASDAQ:LIVN) currently has a daily average trading volume of 721.68K but it saw 901351 shares traded in last market. With a market cap of 2.47B USD, the company’s current market price of $45.57 came rising about 3.03 while comparing to the previous closing price of $44.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $64.47 and as low as $42.75. In the recent trading on the day, stock has struck highest price mark of $44.04 while lowest mark touched by it was $45.73.

Taking a look at 20-day trading activity of LivaNova PLC (LIVN) gives us an average price of $49.09, while its current price level is -29.32% below from 52-week high level whereas it is 6.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $51.80 while that of 200 days or SMA-200 reads an average of $52.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.98% during that period while stretching the period over a month that increases to 3.98%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.25 which implies that the stock is in neutral territory.

Mizuho upgraded its recommendation for the stock as a “Buy” from “Neutral” on February 20, 2024 while assigning a price target range of $60-$70. HSBC Securities issued its recommendations for the stock as it initiated the price target for the stock is $52.

Over the week, LIVN’s stock price is moving 1.95% up while it is -15.56% when we observe its performance for the past one month. Year-to-date it is -11.93% down and over the past year, the stock is showing a downside performance of -18.26%.

Currently, LivaNova PLC’s total number of outstanding shares is 54.30M with 0.31% of that held by the insiders while 108.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.88% and return on equity (ROE) at -1.34%. It has a 12.45 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 1.99 while price to sale or P/S ratio amounts to 2.05. Its return on asset (ROA) is -0.69% on average.