A worth reading Analysis of Live Nation Entertainment, Inc. (NYSE:LYV)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Live Nation Entertainment, Inc. (NYSE:LYV) for the period of 9-Day stands at 18.58% while the stochastic %D for the same period stands at 30.41%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Live Nation Entertainment, Inc. (NYSE:LYV) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Live Nation Entertainment, Inc. (NYSE:LYV) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Live Nation Entertainment, Inc. (NYSE:LYV)’s 20-Day Bollinger Band indicates “Sell”.

About Company

Live Nation Entertainment, Inc. is the world’s premier live entertainment company, consisting of Live Nation, Ticketmaster and Front Line Management Group.  The Company engages in producing, marketing, and selling live concerts for artists via its concert pipe. Live Nation owns and operates many venues, including House of Blues music venues and locations, such as The Fillmore in San Francisco, Nikon at Jones Beach Theatre in New York and London’s Wembley Arena. In addition, it also produces, promotes or hosts theatrical, specialized motor sports and other live entertainment events. The Company is driving major innovations in ticketing technology, marketing and service. It offers ticket sales, ticket resale services, and marketing and distribution through ticketmaster.com, an e-commerce site on the Internet. Live Nation Entertainment, Inc. was formerly known as Live Nation, Inc. and is based in Beverly Hills, California.

Previous Day Activity Analysis

On the last trading day, Live Nation Entertainment, Inc. (NYSE:LYV) opened the session at $41.97 and after going down -0.45% closed at $41.78. The stock lost -0.19 points in the last trade.

Live Nation Entertainment, Inc. (NYSE:LYV)’s stock fluctuated in the range of $41.77 and $42.01 during the previous active session. Live Nation Entertainment, Inc. (NYSE:LYV) traded with the volume of 1.12 Million with average volume of 1.78 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.08 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.67 and 45.22 respectively.

Currently the Insider Ownership of the shares of Live Nation Entertainment, Inc. (NYSE:LYV) is at 0.6% and the shares outstanding are 207.22 Million.

Important Ratio Analysis

Some important ratios to consider here for Live Nation Entertainment, Inc. (NYSE:LYV) are discussed below:

Dividend yield of Live Nation Entertainment, Inc. (NYSE:LYV) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 82.41.

The Price to Sale P/S and Price to Book P/B shows the value of 0.94 and 6.97 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.91 and 10.38 correspondingly.

The Quick Ratio of Live Nation Entertainment, Inc. (NYSE:LYV) stands at 1 while the Current Ratio depicts the value of 1.

Return on Assets ROA of Live Nation Entertainment, Inc. (NYSE:LYV) is at 0% whereas, Return on Equity ROE and Return of Investment ROI of Live Nation Entertainment, Inc. (NYSE:LYV) stand at 0.1% and 4.4% respectively.

Stock Performance Analysis

The stock performance of Live Nation Entertainment, Inc. (NYSE:LYV) on the basis of 5 day trade show the dip of -2.5% whereas, the monthly performance of the stock shows decrease of -0.74%.

The quarterly performance of the stock remained in green zone with the value of 17.03% while six month performance of the shares of Live Nation Entertainment, Inc. (NYSE:LYV) remained bullish with the count of 35.47%.

The yearly and YTD performance of Live Nation Entertainment, Inc. (NYSE:LYV) remained up at 53.55% and 57.07% respectively.