Iveda Solutions (NASDAQ:IVDA) Issues Earnings Results

Iveda Solutions (NASDAQ:IVDA) released its quarterly earnings data on Friday. The company reported ($0.07) EPS for the quarter, Zacks reports. Iveda Solutions had a negative net margin of 55.42% and a negative return on equity of 73.92%.

Iveda Solutions Stock Performance

Shares of Iveda Solutions stock traded down $0.10 during trading hours on Friday, reaching $0.43. The company had a trading volume of 8,119,891 shares, compared to its average volume of 13,989,554. Iveda Solutions has a one year low of $0.21 and a one year high of $2.24. The business has a fifty day simple moving average of $0.32 and a 200 day simple moving average of $0.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.53 and a quick ratio of 4.38.

Institutional Trading of Iveda Solutions

An institutional investor recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC bought a new position in Iveda Solutions, Inc. (NASDAQ:IVDA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned 0.85% of Iveda Solutions as of its most recent SEC filing. 4.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a research note on Friday, July 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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.