Market Update: MSP Recovery Inc (LIFW) Sees Negative Movement, Closing at 0.23

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In the latest session, MSP Recovery Inc (NASDAQ: LIFW) closed at $0.23 down -3.46% from its previous closing price of $0.23. In other words, the price has decreased by -$3.46 from its previous closing price. On the day, 0.61 million shares were traded. LIFW stock price reached its highest trading level at $0.2424 during the session, while it also had its lowest trading level at $0.22.

Ratios:

For a deeper understanding of MSP Recovery Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.14. In the meantime, Its Debt-to-Equity ratio is 2.81 whereas as Long-Term Debt/Eq ratio is at 2.81.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 28 ’24 when Ruiz John Hasan bought 50,000 shares for $0.24 per share. The transaction valued at 12,115 led to the insider holds 1,791,406 shares of the business.

Ruiz John Hasan bought 360,620 shares of LIFW for $100,000 on Aug 22 ’24. The Chief Executive Officer now owns 1,741,406 shares after completing the transaction at $0.28 per share. On Aug 21 ’24, another insider, Ruiz John Hasan, who serves as the Chief Executive Officer of the company, bought 100,000 shares for $0.28 each. As a result, the insider paid 27,660 and bolstered with 1,380,786 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 32960278 and an Enterprise Value of 1503777152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 200.343 whereas that against EBITDA is -25.271.

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 $0.23. The 50-Day Moving Average of the stock is -38.82%, while the 200-Day Moving Average is calculated to be -82.38%.

Shares Statistics:

For the past three months, LIFW has traded an average of 1.08M shares per day and 1784560 over the past ten days. A total of 14.66M shares are outstanding, with a floating share count of 13.86M. Insiders hold about 20.57% of the company’s shares, while institutions hold 10.30% stake in the company. Shares short for LIFW as of 1723680000 were 512087 with a Short Ratio of 0.48, compared to 1721001600 on 493525. Therefore, it implies a Short% of Shares Outstanding of 512087 and a Short% of Float of 2.8900001.

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