LivePerson, Inc. (LPSN) is experiencing a decline in its stock price today, which may be attributed to a lack of new positive catalysts and recent analyst actions. The stock recently crossed above its 200-day moving average, but this technical milestone has not been enough to sustain upward momentum. Additionally, several equities research analysts have issued hold ratings on the stock, with a consensus price target of $1.25, which is below the current trading levels. This cautious outlook from analysts may be contributing to the downward pressure on the stock.
Despite the early trading hours, LivePerson's stock has already seen a volume of 1,695,174 shares, which is 49.80% of its average daily volume of 3,403,916. The stock is currently priced at $1.54, down 3.66% from the previous close of $1.60.