Eva Live (NASDAQ:GOAI) Posts Earnings Results

Eva Live (NASDAQ:GOAI) issued its quarterly earnings results on Friday. The company reported ($1.38) earnings per share for the quarter, FiscalAI reports. The company had revenue of $3.73 million for the quarter.

Eva Live Price Performance

Shares of Eva Live stock traded down $0.03 during trading hours on Friday, reaching $0.48. The company had a trading volume of 247,920 shares, compared to its average volume of 238,260. Eva Live has a one year low of $0.42 and a one year high of $18.00. The business has a fifty day simple moving average of $1.62 and a 200 day simple moving average of $2.52.

Analysts Set New Price Targets

Several brokerages have weighed in on GOAI. Maxim Group assumed coverage on Eva Live in a report on Monday, October 12th. They set a “buy” rating and a $7.00 price objective for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Eva Live in a research note on Tuesday, September 1st. Finally, Wall Street Zen lowered Eva Live from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 17th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $7.00.

Insider Activity

In related news, CEO David Boulette acquired 19,800 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The shares were acquired at an average price 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 approximately $46,765,112.25. This trade represents a 0.09% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Eva Live Company Profile

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.