Iveda Solutions (NASDAQ:IVDA) Announces Earnings Results

Iveda Solutions (NASDAQ:IVDA) announced its quarterly earnings results on Tuesday. The company reported ($0.34) earnings per share (EPS) for the quarter, Zacks reports. Iveda Solutions had a negative net margin of 53.18% and a negative return on equity of 143.92%. The business had revenue of $0.63 million during the quarter.

Iveda Solutions Price Performance

Shares of IVDA traded up $0.01 during mid-day trading on Wednesday, reaching $0.27. The company had a trading volume of 117,261 shares, compared to its average volume of 4,364,856. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.48 and a quick ratio of 3.32. The company has a market capitalization of $1.56 million, a P/E ratio of -0.20 and a beta of 0.91. Iveda Solutions has a twelve month low of $0.22 and a twelve month high of $3.13. The company’s 50-day moving average is $0.42 and its 200-day moving average is $0.88.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Trading of Iveda Solutions

An institutional investor recently bought a new position in Iveda Solutions stock. Renaissance Technologies LLC acquired a new position in shares of Iveda Solutions, Inc. (NASDAQ:IVDA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned approximately 0.85% of Iveda Solutions at the end of the most recent reporting period. 4.30% of the stock is owned by hedge funds and other institutional investors.

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.