Eva Live (NASDAQ:GOAI) Releases Quarterly Earnings Results

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

Eva Live Trading Down 6.1%

Shares of GOAI traded down $0.03 on Friday, reaching $0.48. The company’s stock had a trading volume of 247,920 shares, compared to its average volume of 238,260. Eva Live has a twelve month low of $0.42 and a twelve month high of $18.00. The firm has a fifty day moving average of $1.62 and a 200-day moving average of $2.52.

Analyst Ratings Changes

A number of equities analysts recently issued reports on GOAI shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Eva Live in a report on Tuesday, September 1st. Wall Street Zen lowered shares of Eva Live from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 17th. Finally, Maxim Group started coverage on shares of Eva Live in a research note on Monday, October 12th. They set a “buy” rating and a $7.00 price target for the company. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Eva Live has a consensus rating of “Hold” and a consensus target price of $7.00.

Insider Transactions at Eva Live

In related news, CEO David Boulette purchased 19,800 shares of the business’s stock in a transaction on Friday, September 25th. The stock was acquired at an average price of $2.01 per share, for a total transaction of $39,798.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

About Eva Live

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.