Leafly Holdings Inc (LFLY)’s Market Momentum: Closing Strong at 1.79, Up 0.56

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As of close of business last night, Leafly Holdings Inc’s stock clocked out at $1.79, up 0.56% from its previous closing price of $1.78. In other words, the price has increased by $0.56 from its previous closing price. On the day, 3.84 million shares were traded. LFLY stock price reached its highest trading level at $1.8 during the session, while it also had its lowest trading level at $1.7787.

Ratios:

To gain a deeper understanding of LFLY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51.

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, Cowen on May 20, 2022, initiated with a Outperform rating and assigned the stock a target price of $12.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Lee Peter Ho Lik sold 226 shares for $2.20 per share. The transaction valued at 497 led to the insider holds 20,918 shares of the business.

Krishnaswamy Suresh sold 489 shares of LFLY for $3,410 on Oct 26 ’23. The CFO now owns 19,963 shares after completing the transaction at $6.97 per share. On Oct 26 ’23, another insider, Miyashita Yoko, who serves as the CEO of the company, sold 671 shares for $6.97 each. As a result, the insider received 4,680 and left with 28,680 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, LFLY now has a Market Capitalization of 4601785 and an Enterprise Value of 19963324. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 0.524 whereas that against EBITDA is -5.429.

Stock Price History:

Over the past 52 weeks, LFLY has reached a high of $11.72, while it has fallen to a 52-week low of $1.37. The 50-Day Moving Average of the stock is -11.97%, while the 200-Day Moving Average is calculated to be -39.37%.

Shares Statistics:

It appears that LFLY traded 19.48K shares on average per day over the past three months and 469690 shares per day over the past ten days. A total of 2.24M shares are outstanding, with a floating share count of 2.23M. Insiders hold about 13.09% of the company’s shares, while institutions hold 5.77% stake in the company. Shares short for LFLY as of 1724976000 were 19345 with a Short Ratio of 0.99, compared to 1722384000 on 24033. Therefore, it implies a Short% of Shares Outstanding of 19345 and a Short% of Float of 0.7799999999999999.

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