Iveda Solutions Inc (IVDA) can make a big difference with a little luck

With 3.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.13 million shares. During the session, the Security & Protection Services company that operates in wider Industrials sector, reached to the highest price of $2.3786 whereas the lowest price it dropped to was $1.5. The 52-week range on IVDA shows that it touched its highest point at $10.16 and its lowest point at $1.27 during that stretch. It currently has a 1-year price target of $8.00. Beta for the stock currently stands at 1.12.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IVDA was up-trending over the past week, with a rise of 45.99%, but this was up by 21.95% over a month. Three-month performance dropped to -36.29% while six-month performance fell -60.95%. The stock lost -56.85% in the past year, while it has lost -60.57% so far this year.

Float and Shares Shorts:

At present, 2.66 million IVDA shares are outstanding with a float of 2.50 million shares on hand for trading. On 2024-10-31, short shares totaled 0.18 million, which was 806.0 higher than short shares on 1727654400. In addition to Mr. David H. Ly as the firm’s Founder, President, Chairman & CEO, Mr. Robert J. Brilon serves as its Company Secretary, CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.08218 of IVDA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, IVDA reported revenue of $2398163.0 and operating income of -$601837.0. The EBITDA in the recently reported quarter was -$560563.0 and diluted EPS was -$0.26.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IVDA since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

Analysts have provided yearly estimates in a range of -$1.12 being high and -$1.12 being low. For IVDA, this leads to a yearly average estimate of -$1.12.