Should You Sell LivaNova PLC (LIVN) And Go Away This Year?

LivaNova PLC (NASDAQ:LIVN) currently has a daily average trading volume of 744.23K but it saw 722558 shares traded in last market. With a market cap of 2.73B USD, the company’s current market price of $50.24 came rising about 3.93 while comparing to the previous closing price of $48.34. 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 $47.77 while lowest mark touched by it was $50.36.

Taking a look at 20-day trading activity of LivaNova PLC (LIVN) gives us an average price of $45.99, while its current price level is -22.08% below from 52-week high level whereas it is 17.52% 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 $50.19 while that of 200 days or SMA-200 reads an average of $52.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.20% during that period while stretching the period over a month that decreases to 3.38%. 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 61.58 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 9.12% up while it is 1.70% when we observe its performance for the past one month. Year-to-date it is -2.90% down and over the past year, the stock is showing a downside performance of -9.92%.

Currently, LivaNova PLC’s total number of outstanding shares is 54.30M. Company’s return on investment (ROI) stands at -0.88% and return on equity (ROE) at -1.34%. It has a 13.89 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 2.20 while price to sale or P/S ratio amounts to 2.26. Its return on asset (ROA) is -0.69% on average.