Iveda Solutions (NASDAQ:IVDA – Get Free Report) released its earnings results on Friday. The company reported ($0.06) earnings per share for the quarter, FiscalAI reports. Iveda Solutions had a negative return on equity of 109.05% and a negative net margin of 60.56%.The business had revenue of $1.49 million for the quarter.
Iveda Solutions Stock Down 0.3%
Shares of IVDA stock traded down $0.00 during trading hours on Friday, reaching $0.32. 271,556 shares of the company’s stock were exchanged, compared to its average volume of 384,094. Iveda Solutions has a 1 year low of $0.22 and a 1 year high of $2.70. The stock has a market cap of $1.86 million, a PE ratio of -0.36 and a beta of 0.87. The company has a current ratio of 4.86, a quick ratio of 4.67 and a debt-to-equity ratio of 0.06. The stock’s fifty day moving average price is $0.29 and its two-hundred day moving average price is $0.64.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a research report on Monday, April 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.
Institutional Investors Weigh In On Iveda Solutions
A hedge fund recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC bought a new stake in Iveda Solutions, Inc. (NASDAQ:IVDA – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned about 0.85% of Iveda Solutions as of its most recent SEC filing. 4.30% of the stock is currently owned by institutional investors.
About Iveda Solutions
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.
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