• Return to Headlines

Shares of Liveperson Inc Rise to a New 52-Week High

By Nick Russo

Liveperson Inc (NASDAQ:LPSN) traded at a new 52-week high today of $40.04. This new high was reached on below average trading volume as 114,000 shares traded hands, while the average 30-day volume is approximately 895,000 shares.

Liveperson Inc (NASDAQ:LPSN) defies analysts with a current price ($39.90) 48.0% above its average consensus price target of $20.75. Liveperson Inc shares have support at the 50-day moving average (MA) of $31.54 and additional support at the 200-day MA of $26.45.

LivePerson, Inc. provides technology that facilitates real-time sales and customer service for companies doing business on the internet. The Company, an application service provider, offers its real-time interaction technology as an outsourced services. The LivePerson service enables its clients to communicate directly with internet users via text-based chat.

Over the past year, Liveperson Inc has traded in a range of $16.98 to $40.04 and is now at $39.90, 135% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.1% while the 200-day MA has risen 1.0%.

SmarTrend recommended that subscribers consider buying shares of Liveperson Inc on July 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.31. Since that recommendation, shares of Liveperson Inc have risen 34.1%. We continue to monitor LPSN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows liveperson inc

Ticker(s): LPSN