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The closing price of Lemonade Inc (NYSE: LMND) was $41.54 for the day, up 9.03% from the previous closing price of $38.10. In other words, the price has increased by $9.03 from its previous closing price. On the day, 3.29 million shares were traded. LMND stock price reached its highest trading level at $42.47 during the session, while it also had its lowest trading level at $36.95.
Ratios:
Our analysis of LMND’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on November 20, 2024, Upgraded its rating to Equal-Weight and sets its target price to $42 from $23 previously.
On November 07, 2024, Keefe Bruyette Downgraded its rating to Underperform which previously was Mkt Perform and also upped its target price recommendation from $18 to $21.
On January 10, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $17.TD Cowen initiated its Market Perform rating on January 10, 2024, with a $17 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’24 when SoftBank Group Capital Ltd sold 7,067 shares for $43.02 per share. The transaction valued at 304,052 led to the insider holds 10,699,211 shares of the business.
SoftBank Group Capital Ltd sold 719,815 shares of LMND for $31,877,738 on Dec 16 ’24. The 10% Owner now owns 11,263,569 shares after completing the transaction at $44.29 per share. On Dec 17 ’24, another insider, SoftBank Group Capital Ltd, who serves as the 10% Owner of the company, sold 557,291 shares for $43.36 each. As a result, the insider received 24,163,251 and left with 10,706,278 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LMND now has a Market Capitalization of 2966142720 and an Enterprise Value of 2694044672. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.82 while its Price-to-Book (P/B) ratio in mrq is 5.00. Its current Enterprise Value per Revenue stands at 5.47 whereas that against EBITDA is -14.484.
Stock Price History:
Over the past 52 weeks, LMND has reached a high of $53.85, while it has fallen to a 52-week low of $14.03. The 50-Day Moving Average of the stock is 24.12%, while the 200-Day Moving Average is calculated to be 94.24%.
Shares Statistics:
LMND traded an average of 2.41M shares per day over the past three months and 2546560 shares per day over the past ten days. A total of 71.38M shares are outstanding, with a floating share count of 51.61M. Insiders hold about 27.72% of the company’s shares, while institutions hold 41.48% stake in the company. Shares short for LMND as of 1732838400 were 15518015 with a Short Ratio of 6.44, compared to 1730332800 on 15651528. Therefore, it implies a Short% of Shares Outstanding of 15518015 and a Short% of Float of 29.860002.
