The Liquid Media Group Ltd. (YVR) shares are trading at higher $1.85.
To add more color to this target, the company’s high over the last year is $3.69 and the low is $1.10. Over the last 52 weeks, YVR is down -49.86% while the S&P 500 is down -1.19%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, YVR reported a profit of $6000.0. Liquid Media Group Ltd. also saw revenues decrease to $0.15 million. In addition, YVR has free cash flow of -$1.59 million as of 05-2020. The company’s EBITDA came in at -$0.61 million which compares well with its peers.
YVR Return on Equity (ROE) is -90.70%, and its Return on Assets is -35.00%. All told, it is clear that, YVR needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. YVR has a short ratio of 0.36 and outstanding shares of 5.93M.
YVR has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.75 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.80. Liquid Media Group Ltd. YVR also noted assets of $10.51 million at the end of the last quarter. Investors should also keep an eye on sector updates as YVR has historically followed its peers on positive news.
All told, Liquid Media Group Ltd. YVR has strung together solid data and demonstrated underlying fundamentals. At its current valuation, YVR represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Liquid Media Group Ltd. YVR is now commanding a market cap of 18.96M and a float of 5.01M. YVR is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of YVR stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in YVR, either long or short, and we have not been compensated for this article.