Eva Live (NASDAQ:GOAI) Stock Falls 16.2% – Here’s What Happened

Eva Live Inc (NASDAQ:GOAI – Get Free Report) traded down 16.2% during mid-day trading on Monday. The stock traded as low as $0.4930 and last traded at $0.5091. 275,034 shares traded hands during trading, an increase of 15% from the average session volume of 239,302 shares. The stock had previously closed at $0.6075.

Analyst Ratings Changes

A number of brokerages recently issued reports on GOAI. Wall Street Zen cut shares of Eva Live from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 17th. Weiss Ratings restated a “sell (e+)” rating on shares of Eva Live in a research note on Tuesday, September 1st. Finally, Maxim Group initiated coverage on Eva Live in a research note on Monday, October 12th. They set a “buy” rating and a $7.00 target price for the company. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $7.00.

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Eva Live Stock Performance

The company has a 50 day simple moving average of $1.70 and a 200 day simple moving average of $2.55.

Insider Buying and Selling at Eva Live

In related news, CEO David Boulette purchased 19,800 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average cost of $2.01 per share, with a total value of $39,798.00. Following the acquisition, the chief executive officer owned 23,266,225 shares of the company’s stock, valued at $46,765,112.25. This trade represents a 0.09% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Eva Live Company Profile

(Get Free Report)

Eva Live, Inc. is a technology company focused on live streaming and digital social engagement. Its EVA platform enables users to broadcast video and interact with audiences in real time. The company’s services are centered on connecting content creators and viewers through live video and social features. Eva Live’s operations focus on its digital platform.

Further Reading

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