Market Recap: MSP Recovery Inc (LIFW)’s Positive Momentum, Closing at 0.81

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The closing price of MSP Recovery Inc (NASDAQ: LIFW) was $0.81 for the day, up 0.14% from the previous closing price of $0.81. In other words, the price has increased by $0.14 from its previous closing price. On the day, 0.63 million shares were traded. LIFW stock price reached its highest trading level at $0.82 during the session, while it also had its lowest trading level at $0.7664.

Ratios:

Our analysis of LIFW’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 2.49 whereas as Long-Term Debt/Eq ratio is at 2.49.

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 Apr 02 ’24 when Cano Health, Inc. sold 1,109,500 shares for $0.88 per share. The transaction valued at 976,360 led to the insider holds 903,655 shares of the business.

Cano Health, Inc. sold 30,376 shares of LIFW for $20,352 on Apr 01 ’24. The 10% Owner now owns 2,013,155 shares after completing the transaction at $0.67 per share. On Mar 28 ’24, another insider, Cano Health, Inc., who serves as the 10% Owner of the company, sold 25,778 shares for $0.69 each. As a result, the insider received 17,787 and left with 2,043,531 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, LIFW now has a Market Capitalization of 113092760 and an Enterprise Value of 1827299072. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 237.158 whereas that against EBITDA is -21.985.

Stock Price History:

Over the past 52 weeks, LIFW has reached a high of $17.48, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -15.77%, while the 200-Day Moving Average is calculated to be -65.55%.

Shares Statistics:

LIFW traded an average of 2.21M shares per day over the past three months and 265460 shares per day over the past ten days. A total of 14.66M shares are outstanding, with a floating share count of 13.20M. Insiders hold about 16.97% of the company’s shares, while institutions hold 9.98% stake in the company. Shares short for LIFW as of 1714435200 were 232862 with a Short Ratio of 0.11, compared to 1711584000 on 261579. Therefore, it implies a Short% of Shares Outstanding of 232862 and a Short% of Float of 1.95.

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