Last Updated: 10 Nov 2024
Executive Summary
Iveda Solutions Inc. (IVDA) is a provider of artificial intelligence and digital transformation technologies. The company has a market capitalization of $3.05 million and trades on the NASDAQ exchange. IVDA's latest stock price is $1.35.
Company Overview
Iveda Solutions, Inc. provides artificial intelligence and digital transformation technologies in the United States and Taiwan. The company's solutions include AI-powered data analytics, machine learning, and natural language processing. IVDA's customers include businesses in a variety of industries, including healthcare, financial services, and manufacturing.
Fundamental Analysis
IVDA's financial performance has been mixed in recent years. The company's revenue has grown in recent quarters, but its profitability has declined. IVDA is currently unprofitable, with a trailing twelve-month EBITDA of -$3.69 million. The company's gross margin is also low, at just 22%.
IVDA's balance sheet is also weak. The company has a high level of debt and its cash flow from operations is negative. IVDA's book value per share is just $2.14.
Technical Analysis
IVDA's stock price has been in a downtrend in recent months. The stock is currently trading below its 50-day and 200-day moving averages. IVDA's relative strength index (RSI) is also below 30, which indicates that the stock is oversold.
Short Term Outlook
IVDA's short-term outlook is bearish. The stock is trading below its key moving averages and its RSI is oversold. This suggests that the stock could continue to decline in the near term.
Long Term Outlook
IVDA's long-term outlook is also bearish. The company is unprofitable and its balance sheet is weak. This suggests that the company could face challenges in the future.
Analyst Recommendations
The majority of analysts have a "hold" rating on IVDA. This suggests that analysts are neutral on the stock and do not expect it to outperform the market.
