Lemonade Inc. (NYSE:LMND) went up by 3.42% from its latest closing price compared to the recent 1-year high of $188.30. The company’s stock price has collected 13.86% of gains in the last five trading sessions. Barron’s reported on 03/04/21 that Insurance Technology Firm Hippo to Merge With SPAC in $5B Deal
Is It Worth Investing in Lemonade Inc. (NYSE :LMND) Right Now?
Opinions of the stock are interesting as 3 analysts out of 9 who provided ratings for Lemonade Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $92.86, which is -$2.34 below the current price. LMND currently public float of 38.26M and currently shorts hold a 16.82% ratio of that float. Today, the average trading volume of LMND was 3.90M shares.
LMND’s Market Performance
LMND stocks went up by 13.86% for the week, with a monthly jump of 2.48% and a quarterly performance of -16.02%. The volatility ratio for the week stands at 7.53% while the volatility levels for the past 30 days are set at 8.55% for Lemonade Inc.. The simple moving average for the period of the last 20 days is -0.69% for LMND stocks with a simple moving average of 8.04% for the last 200 days.
Analysts’ Opinion of LMND
Many brokerage firms have already submitted their reports for LMND stocks, with BofA Securities repeating the rating for LMND by listing it as a “Underperform.” The predicted price for LMND in the upcoming period, according to BofA Securities is $29 based on the research report published on March 09th of the current year 2021.
Oppenheimer, on the other hand, stated in their research note that they expect to see LMND reach a price target of $110. The rating they have provided for LMND stocks is “Outperform” according to the report published on March 08th, 2021.
Piper Sandler gave a rating of “Overweight” to LMND, setting the target price at $63 in the report published on November 02nd of the previous year.
LMND Trading at -22.27% from the 50-Day Moving Average
After a stumble in the market that brought LMND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.44% of loss for the given period.
Volatility was left at 8.55%, however, over the last 30 days, the volatility rate increased by 7.53%, as shares surge +9.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.98% lower at present.
During the last 5 trading sessions, LMND rose by +13.86%, in comparison to the 20-day moving average, which settled at $96.28. In addition, Lemonade Inc. saw -22.29% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at LMND starting from Seidman Becker Caryn, who sale 25,000 shares at the price of $106.80 back on Mar 16. After this action, Seidman Becker Caryn now owns 0 shares of Lemonade Inc., valued at $2,670,000 using the latest closing price.
Peters John Sheldon, the Chief Insurance Officer of Lemonade Inc., sale 5,500 shares at $106.00 during a trade that took place back on Mar 15, which means that Peters John Sheldon is holding 17,037 shares at $583,000 based on the most recent closing price.
Stock Fundamentals for LMND
Current profitability levels for the company are sitting at:
- -152.72 for the present operating margin
The net margin for Lemonade Inc. stands at -154.61. The total capital return value is set at -28.81, while invested capital returns managed to touch -29.16. Equity return is now at value -71.50, with -19.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 8.06.