Iveda Solutions (NASDAQ:IVDA) Trading Up 1.8% – What’s Next?

Iveda Solutions, Inc. (NASDAQ:IVDA) traded up 1.8% during trading on Wednesday . The company traded as high as $1.0340 and last traded at $0.9850. 71,491 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 109,927 shares. The stock had previously closed at $0.9680.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Iveda Solutions in a report on Friday, October 31st. Wall Street Zen lowered shares of Iveda Solutions to a “strong sell” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Iveda Solutions Stock Performance

The firm has a market cap of $5.78 million, a PE ratio of -0.75 and a beta of 0.82. The company has a quick ratio of 3.32, a current ratio of 3.48 and a debt-to-equity ratio of 0.08. The company has a 50-day simple moving average of $0.95 and a two-hundred day simple moving average of $1.43.

Iveda Solutions (NASDAQ:IVDA) last announced its earnings results on Friday, November 14th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.63). The business had revenue of $1.65 million for the quarter, compared to analysts’ expectations of $7.25 million. Iveda Solutions had a negative net margin of 53.18% and a negative return on equity of 143.92%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Iveda Solutions stock. Lee Financial Co bought a new stake in shares of Iveda Solutions, Inc. (NASDAQ:IVDA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $40,000. Lee Financial Co owned 0.42% of Iveda Solutions as of its most recent SEC filing. 4.30% of the stock is owned by institutional investors.

Iveda Solutions Company Profile

Iveda Solutions, Inc (NASDAQ: IVDA) is a technology company specializing in AI-driven security and smart city solutions. The company develops and delivers integrated hardware and software platforms designed to capture, process and analyze video data in real time, enabling organizations across government, enterprise and critical infrastructure sectors to enhance situational awareness, optimize resource deployment and streamline operational workflows.

The company’s product suite centers around the Iveda Cloud platform, offering cloud-based video storage, remote monitoring and cybersecurity features.