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

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

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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