Iveda Solutions (NASDAQ:IVDA) Shares Down 0.3% – Time to Sell?

Iveda Solutions, Inc. (NASDAQ:IVDA) shares traded down 0.3% during mid-day trading on Thursday . The company traded as low as $2.95 and last traded at $3.02. 70,385 shares traded hands during trading, a decline of 51% from the average session volume of 143,377 shares. The stock had previously closed at $3.03.

Iveda Solutions Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 2.04. The business’s fifty day moving average is $3.83. The company has a market capitalization of $7.39 million, a price-to-earnings ratio of -1.72 and a beta of 0.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Iveda Solutions stock. Virtu Financial LLC bought a new stake in Iveda Solutions, Inc. (NASDAQ:IVDA) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,825 shares of the company’s stock, valued at approximately $63,000. Virtu Financial LLC owned approximately 0.48% of Iveda Solutions as of its most recent filing with the Securities & Exchange Commission. 4.30% of the stock is currently owned by institutional investors and hedge funds.

Iveda Solutions Company Profile

Iveda Solutions, Inc provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software and Sentir Video, a video surveillance solution for various kinds of applications. It also provides Cerebro IoT Platform, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices, and IvedaSPS, a smart power solution utilizing in Cerebro IoT platform, and IvedaXpress, a system for pre-existing IP cameras and AI analytics for servers and IT department.