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After finishing at $5.21 in the prior trading day, LifeMD Inc (NASDAQ: LFMD) closed at $5.32, up 2.11%. In other words, the price has increased by $2.11 from its previous closing price. On the day, 0.58 million shares were traded. LFMD stock price reached its highest trading level at $5.42 during the session, while it also had its lowest trading level at $5.06.
Ratios:
Our goal is to gain a better understanding of LFMD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.87.
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, KeyBanc Capital Markets on June 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $12.
On November 30, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.
On July 21, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on July 21, 2023, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 31 ’23 when Velge Bertrand bought 60,000 shares for $3.93 per share. The transaction valued at 235,800 led to the insider holds 349,482 shares of the business.
Velge Bertrand bought 40,000 shares of LFMD for $150,400 on Aug 30 ’23. The Director now owns 289,482 shares after completing the transaction at $3.76 per share. On Aug 29 ’23, another insider, Velge Bertrand, who serves as the Director of the company, bought 32,072 shares for $3.58 each. As a result, the insider paid 114,818 and bolstered with 249,482 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, LFMD now has a Market Capitalization of 229126560 and an Enterprise Value of 216385232. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29. Its current Enterprise Value per Revenue stands at 1.214 whereas that against EBITDA is -12.051.
Stock Price History:
Over the past 52 weeks, LFMD has reached a high of $12.88, while it has fallen to a 52-week low of $3.46. The 50-Day Moving Average of the stock is -20.29%, while the 200-Day Moving Average is calculated to be -31.74%.
Shares Statistics:
The stock has traded on average 792.81K shares per day over the past 3-months and 620280 shares per day over the last 10 days, according to various share statistics. A total of 38.26M shares are outstanding, with a floating share count of 33.88M. Insiders hold about 21.33% of the company’s shares, while institutions hold 37.60% stake in the company. Shares short for LFMD as of 1722384000 were 4447798 with a Short Ratio of 5.61, compared to 1719532800 on 3431654. Therefore, it implies a Short% of Shares Outstanding of 4447798 and a Short% of Float of 12.509999999999998.
