(PAVS) Paranovus Entertainment - Ratings and Ratios

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) operates in the AI-powered entertainment sector, leveraging cutting-edge technology to deliver immersive experiences. Through its subsidiary, the company develops and distributes AI-driven entertainment applications, targeting a growing market of tech-savvy consumers. Its platform is accessible via website and mobile app, catering to a diverse audience seeking innovative digital entertainment solutions. Formerly known as Happiness Development Group Limited, the company rebranded as Paranovus Entertainment Technology Ltd. in March 2023 to reflect its strategic shift toward AI-driven entertainment. Founded in 2004 and headquartered in New York, New York, Paranovus is positioned to capitalize on the rapid growth of the AI entertainment industry. Web URL: https://www.pavs.ai

Based on and , the 3-month outlook for PAVS suggests cautious optimism. Technically, the stock is trading above its SMA20 ($1.37) and SMA50 ($1.36), indicating short-term bullish momentum. However, the SMA200 ($1.02) remains below current prices, signaling longer-term weakness. The ATR of 0.07 reflects low volatility, suggesting stable price action. Fundamentally, the companys P/E ratio of 1.80 indicates undervaluation relative to earnings, while the P/B ratio of 16.29 and P/S ratio of 13.89 point to high expectations for future growth. Despite the absence of RoE data, the market cap of $90.90M and forward P/E of 0.00 suggest investor confidence in its AI entertainment offerings. Over the next 3 months, PAVS is likely to trade in a narrow range near its current price of $1.48, with potential upside driven by execution on its AI entertainment strategy.