December 30, 2011
LiveDeal, Inc. (NASDAQ:LIVE) gapped up 43.14% or $1.32 per share to close trading at $4.38.
Over the recent trading day LIVE traded 294,796.00 shares which is less than a double amount of their daily average. In course of trading this year the company’s shares were traded as low as $3.46 and as high as $7.37. At the current price the company’s market capitalization stands at $3.03 million and its beta is now 0.66.
The current surge resulted from the fact that LIVE reached agreement with NASDAQ administration and the company will be kept on their stock exchange.
LiveDeal, Inc. delivers business services for a wide range of small business companies. It is focused on two segments: Direct Sales and Directory Services.