LiveDeal (LIVE) : Traders are bullish on LiveDeal (LIVE) as it has outperformed the S&P 500 by a wide margin of 31.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 27%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 27.07% in the last 1 week, and is up 32.62% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 27.62% and the 50-Day Moving Average is 35.55%. LiveDeal (NASDAQ:LIVE): stock turned positive on Friday. Though the stock opened at $2.07, the bulls momentum made the stock top out at $2.33 level for the day. The stock recorded a low of $2.07 and closed the trading day at $2.3, in the green by 9.00%. The total traded volume for the day was 603,680. The stock had closed at $2.11 in the previous days trading.
The company Insiders own 46.6% of LiveDeal shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.06% . Institutional Investors own 3.46% of LiveDeal shares. During last six month period, the net percent change held by insiders has seen a change of 0.35%.
Live Ventures Incorporated, formerly LiveDeal, Inc. (LiveDeal) is a holding company. The Company, through its subsidiaries, provides specialized online marketing solutions to small-to-medium sized local businesses (SMBs). The Company operates through two segments: Legacy and Merchants Services, and Online Marketplace Platform. It offers LiveDeal.com, a real-time deal engine, which connects merchants with consumers. The Company also provides SMBs promotional marketing with the ability to offer deals and activities through LiveDeal.com and its online publishing partners. It offers SMB customers packages of services to create and maintain an online presence. The Company offers products and services, including template and custom Website design, either optimized for desktop or mobile devices, social media marketing (SMM), and content marketing (CM). The Companys subsidiaries include DealTicker, ModernEveryday and Marquis Industries.