Shares of EVINE Live Inc (NASDAQ:EVLV) have been assigned an average rating of “Buy” from the six research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $1.33.

EVLV has been the topic of several recent research reports. ValuEngine lowered shares of EVINE Live from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 28th. Zacks Investment Research upgraded shares of EVINE Live from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 29th. B. Riley set a $1.00 target price on shares of EVINE Live and gave the company a “buy” rating in a report on Thursday, November 29th. TheStreet lowered shares of EVINE Live from a “c-” rating to a “d” rating in a report on Wednesday, November 28th. Finally, Lake Street Capital reduced their target price on shares of EVINE Live to $1.00 and set a “buy” rating on the stock in a report on Thursday, November 29th.

A number of hedge funds have recently modified their holdings of EVLV. JPMorgan Chase & Co. lifted its holdings in EVINE Live by 39.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 270,571 shares of the company’s stock worth $311,000 after buying an additional 76,711 shares in the last quarter. Ancora Advisors LLC lifted its holdings in EVINE Live by 26.7% in the 3rd quarter. Ancora Advisors LLC now owns 1,152,990 shares of the company’s stock worth $1,326,000 after buying an additional 243,072 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in EVINE Live by 9.8% in the 3rd quarter. Renaissance Technologies LLC now owns 2,135,670 shares of the company’s stock worth $2,456,000 after buying an additional 190,414 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in EVINE Live by 18.6% in the 4th quarter. Acadian Asset Management LLC now owns 327,311 shares of the company’s stock worth $131,000 after buying an additional 51,382 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new position in EVINE Live in the 4th quarter worth $137,000. Hedge funds and other institutional investors own 31.43% of the company’s stock.

Shares of NASDAQ:EVLV traded down $0.02 during midday trading on Thursday, hitting $0.35. 487,456 shares of the company’s stock traded hands, compared to its average volume of 296,671. The company has a current ratio of 1.82, a quick ratio of 1.00 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $25.66 million, a price-to-earnings ratio of -34.68 and a beta of 2.58. EVINE Live has a twelve month low of $0.33 and a twelve month high of $1.74.

About EVINE Live

EVINE Live Inc operates as a multiplatform interactive digital commerce company in the United States. The company markets, sells, and distributes products to consumers through television, online, mobile, and social media in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics comprising home d├ęcor, bed and bath textiles, cookware, kitchen electrics, tabletop accessories, and home furnishings; beauty products, such as skincare, cosmetics, hair care, and bath and body products; and fashion and accessories, including apparel, outerwear, intimates, handbags, accessories, and footwear.

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