Ancora Advisors LLC Has $1.33 Million Position in EVINE Live Inc (EVLV)

Ancora Advisors LLC boosted its position in shares of EVINE Live Inc (NASDAQ:EVLV) by 26.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,152,990 shares of the company’s stock after purchasing an additional 243,072 shares during the period. Ancora Advisors LLC’s holdings in EVINE Live were worth $1,326,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of EVLV. Acadian Asset Management LLC bought a new position in EVINE Live during the 2nd quarter valued at about $290,000. JPMorgan Chase & Co. grew its holdings in EVINE Live by 39.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 270,571 shares of the company’s stock valued at $311,000 after purchasing an additional 76,711 shares during the last quarter. Balter Liquid Alternatives LLC grew its holdings in EVINE Live by 68.1% during the 2nd quarter. Balter Liquid Alternatives LLC now owns 288,401 shares of the company’s stock valued at $369,000 after purchasing an additional 116,836 shares during the last quarter. Clinton Group Inc. grew its holdings in EVINE Live by 4.4% during the 3rd quarter. Clinton Group Inc. now owns 1,067,912 shares of the company’s stock valued at $1,228,000 after purchasing an additional 45,420 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in EVINE Live by 5.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,945,256 shares of the company’s stock valued at $2,393,000 after purchasing an additional 92,100 shares during the last quarter. Institutional investors own 39.38% of the company’s stock.

Shares of EVLV stock opened at $0.60 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.32 and a current ratio of 2.03. The stock has a market capitalization of $39.80 million, a price-to-earnings ratio of -60.00, a P/E/G ratio of 6.67 and a beta of 2.23. EVINE Live Inc has a one year low of $0.54 and a one year high of $1.74.

EVINE Live (NASDAQ:EVLV) last issued its earnings results on Wednesday, November 28th. The company reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.13). The company had revenue of $131.71 million during the quarter, compared to the consensus estimate of $152.43 million. EVINE Live had a negative return on equity of 5.72% and a negative net margin of 0.91%. On average, equities analysts forecast that EVINE Live Inc will post -0.1 EPS for the current fiscal year.

EVLV has been the topic of several analyst reports. Lake Street Capital cut their price target on shares of EVINE Live to $1.00 and set a “buy” rating on the stock in a report on Thursday. B. Riley set a $1.00 target price on shares of EVINE Live and gave the stock a “buy” rating in a research note on Thursday. Zacks Investment Research upgraded shares of EVINE Live from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a research note on Friday, August 31st. TheStreet downgraded shares of EVINE Live from a “c-” rating to a “d” rating in a research note on Wednesday, November 28th. Finally, ValuEngine downgraded shares of EVINE Live from a “hold” rating to a “sell” rating in a research note on Tuesday, September 4th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. EVINE Live presently has an average rating of “Hold” and an average price target of $1.38.

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EVINE Live Company Profile

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 décor, 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.

See Also: Earnings Per Share

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Institutional Ownership by Quarter for EVINE Live (NASDAQ:EVLV)

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