B.Riley FBR Reiterated EVINE Live (NASDAQ:EVLV) As a “Buy”; They Now Have a Price Target Of $1.2500

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EVINE Live (NASDAQ:EVLV) Rating Reaffirmed

In analysts note revealed to clients this morning, B.Riley FBR restate their “Buy” rating on EVINE Live (NASDAQ:EVLV) shares. The target price indicates a possible upside of 108.33 % from company’s last close price.

The stock decreased 12.92% or $0.09 during the last trading session, reaching $0.6. About 935,192 shares traded or 290.05% up from the average. EVINE Live Inc. (NASDAQ:EVLV) has risen 25.49% since December 2, 2017 and is uptrending. It has outperformed by 9.87% the S&P500.

EVINE Live Inc. operates as a multiplatform video commerce firm in the United States. The company has market cap of $39.81 million. The firm markets, sells, and distributes products to clients through television, online, mobile, and social media in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics, which include home décor, bed and bath textiles, cookware, kitchen electrics, mattresses, tabletop accessories, and home furnishings; beauty products, including skincare, cosmetics, hair care, and bath and body products; and fashion and accessories, such as apparel, outerwear, intimates, handbags, accessories, and footwear. It has a 21.43 P/E ratio. It has access to approximately 87 million cable and satellite television homes, as well as offers its products through online at evine.com.

More notable recent EVINE Live Inc. (NASDAQ:EVLV) news were published by: Globenewswire.com which released: “Evine to Debut “Inventor Showdown” in Search of America’s Next Top Entrepreneur – GlobeNewswire” on February 27, 2018, also Nasdaq.com with their article: “Mid-Day Update: US Stocks Rally As Powell Sees Rates ‘Just Below’ Neutral – Nasdaq” published on November 28, 2018, Globenewswire.com published: “Waterford Crystal to Celebrate 11th Anniversary with Evine During a Live Broadcast in Ireland – GlobeNewswire” on April 19, 2018. More interesting news about EVINE Live Inc. (NASDAQ:EVLV) were released by: Globenewswire.com and their article: “Evine Live Inc. to Report Second Quarter 2018 Results on August 29, 2018 – GlobeNewswire” published on August 08, 2018 as well as Globenewswire.com‘s news article titled: “Evine Live Inc. Reports Second Quarter 2018 Results – GlobeNewswire” with publication date: August 29, 2018.

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