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The closing price of Lemonade Inc (NYSE: LMND) was $32.27 for the day, down -5.75% from the previous closing price of $34.24. In other words, the price has decreased by -$5.75 from its previous closing price. On the day, 2.46 million shares were traded. LMND stock price reached its highest trading level at $34.05 during the session, while it also had its lowest trading level at $32.18.
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, Keefe Bruyette on November 07, 2024, Downgraded its rating to Underperform and sets its target price to $21 from $18 previously.
On January 10, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $17.
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 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 2304223232 and an Enterprise Value of 2032124544. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.58 while its Price-to-Book (P/B) ratio in mrq is 3.88. Its current Enterprise Value per Revenue stands at 4.126 whereas that against EBITDA is -10.925.
Stock Price History:
Over the past 52 weeks, LMND has reached a high of $34.95, while it has fallen to a 52-week low of $13.72. The 50-Day Moving Average of the stock is 65.13%, while the 200-Day Moving Average is calculated to be 80.86%.
Shares Statistics:
LMND traded an average of 1.50M shares per day over the past three months and 3521960 shares per day over the past ten days. A total of 70.16M shares are outstanding, with a floating share count of 51.65M. Insiders hold about 27.67% of the company’s shares, while institutions hold 41.85% stake in the company. Shares short for LMND as of 1728950400 were 16007375 with a Short Ratio of 10.47, compared to 1726185600 on 16810170. Therefore, it implies a Short% of Shares Outstanding of 16007375 and a Short% of Float of 30.819999999999997.
