Over the past three months, Limelight Networks Inc. [LLNW] ended the trading day at $5.98 and exhibited a change of -2.29% with a 24 hour trading and reached upto the volume of 3.44M compared to its recorded trading volume of 2.53 million. LLNW generated a 1 year amount change with 39.41%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -3.62% with an amount shift of -3.62% over the last month.

On 14, October 2020, Streaming Video Viewing Reaches All-Time High According to Limelight Networks Research. According to news published on Yahoo Finance, Nearly half of consumers worldwide increased paid subscriptions and watch more user-created content.

Analyst Birdseye View:

The most recent analyst activity for Limelight Networks Inc. [NASDAQ:LLNW] stock was on June 22, 2020, when it was Initiated with a Buy rating from Lake Street, which also raised its 12-month price target on the stock to $8. Before that, on September 18, 2020, Truist Recapitulated a Buy rating and elevated its amount target to $9. On June 08, 2020, Raymond James Upgrade an Outperform rating and boosted its price target on this stock to $6. On March 30, 2020, Northland Capital Initiated an Outperform rating and increased its price target to $8. On March 06, 2020, William Blair Initiated an Outperform rating. On July 02, 2019, DA Davidson Resumed a Neutral rating and boosted its amount on this stock to $2.70. On January 29, 2019, Raymond James Upgrade a Mkt perform rating. On October 16, 2017, DA Davidson Reiterated a Buy rating and amplified its amount target to $5.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.51 and a peak of $8.19. Right now, the middling Wall Street analyst 12-month amount mark is $9.00. At the most recent market close, shares of Limelight Networks Inc. [NASDAQ:LLNW] were valued at $5.98. According to the average price forecast, investors can expect a potential return of 1.44%.


Limelight Networks Inc. [NASDAQ:LLNW] most recently reported quarterly sales of 58.55 billion, which represented growth of 27.50%. This company’s Gross Margin is currently 40.30% and its Operating Margin is -2.80%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 6.03 points at 1st support level, the second support level is making up to 5.93. But as of 1st resistance point, this stock is sitting at 6.27 and at 6.41 for 2nd resistance point.

Limelight Networks Inc. [LLNW] reported its earnings at $0.03 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.01/share signifying the difference of 0.02 and 200.00% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Limelight Networks Inc. [NASDAQ:LLNW] is 2.00.

Insider Stories

The most recent insider trade was by LENTO ROBERT A, CEO, and it was the sale of 15749.0 shares on Oct 15. Marth Thomas, the SVP Sales, completed a sale of 17045.0 shares on Oct 13. On Oct 12, Silverman Kurt, Senior Vice President-Dev., completed a sale of 15000.0 shares.