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Lemonade Inc (NYSE: LMND) closed the day trading at $17.23 down -1.32% from the previous closing price of $17.46. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 1.43 million shares were traded. LMND stock price reached its highest trading level at $17.5037 during the session, while it also had its lowest trading level at $16.715.
Ratios:
For a better understanding of LMND, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.11 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 this company, TD Cowen on January 10, 2024, initiated with a Market Perform rating and assigned the stock a target price of $17.
On June 20, 2023, Morgan Stanley started tracking the stock assigning a Underweight rating and target price of $14.Morgan Stanley initiated its Underweight rating on June 20, 2023, with a $14 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 10 ’24 when BIXBY TIMOTHY E sold 2,050 shares for $18.24 per share. The transaction valued at 37,392 led to the insider holds 271,552 shares of the business.
BIXBY TIMOTHY E bought 2,050 shares of LMND for $37,382 on Sep 10 ’24. On Sep 04 ’24, another insider, Peters John Sheldon, who serves as the Chief Insurance Officer of the company, sold 1,547 shares for $18.84 each. As a result, the insider received 29,145 and left with 90,283 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 1223810816 and an Enterprise Value of 903911552. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 1.918 whereas that against EBITDA is -5.292.
Stock Price History:
Over the past 52 weeks, LMND has reached a high of $24.55, while it has fallen to a 52-week low of $10.27. The 50-Day Moving Average of the stock is -7.65%, while the 200-Day Moving Average is calculated to be -0.50%.
Shares Statistics:
Over the past 3-months, LMND traded about 1.49M shares per day on average, while over the past 10 days, LMND traded about 1165190 shares per day. A total of 70.16M shares are outstanding, with a floating share count of 51.38M. Insiders hold about 27.66% of the company’s shares, while institutions hold 42.54% stake in the company. Shares short for LMND as of 1724976000 were 16929138 with a Short Ratio of 11.38, compared to 1722384000 on 16833727. Therefore, it implies a Short% of Shares Outstanding of 16929138 and a Short% of Float of 32.810003.
