Lemonade Inc. (NYSE:LMND) went up by 6.48% from its latest closing price compared to the recent 1-year high of $188.30. The company’s stock price has collected 5.62% of gains in the last five trading sessions. Barron’s reported 12 hours ago that Insurtech Ethos Valued at $2.7 Billion After SoftBank Investment
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 $80.29, which is -$11.91 below the current price. LMND currently public float of 51.77M and currently shorts hold a 15.19% ratio of that float. Today, the average trading volume of LMND was 2.07M shares.
LMND’s Market Performance
LMND stocks went up by 5.62% for the week, with a monthly drop of -10.32% and a quarterly performance of 2.73%, while its annual performance rate touched 14.04%. The volatility ratio for the week stands at 6.61% while the volatility levels for the past 30 days are set at 5.63% for Lemonade Inc.. The simple moving average for the period of the last 20 days is -7.62% for LMND stocks with a simple moving average of -5.44% for the last 200 days.
Analysts’ Opinion of LMND
Many brokerage firms have already submitted their reports for LMND stocks, with Credit Suisse repeating the rating for LMND by listing it as a “Underperform.” The predicted price for LMND in the upcoming period, according to Credit Suisse is $56 based on the research report published on April 28th of the current year 2021.
BofA Securities, on the other hand, stated in their research note that they expect to see LMND reach a price target of $29. The rating they have provided for LMND stocks is “Underperform” according to the report published on March 09th, 2021.
Oppenheimer gave a rating of “Outperform” to LMND, setting the target price at $110 in the report published on March 08th of the current year.
LMND Trading at -0.42% 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 -51.04% of loss for the given period.
Volatility was left at 5.63%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares sank -9.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.75% upper at present.
During the last 5 trading sessions, LMND rose by +5.62%, which changed the moving average for the period of 200-days by +78.75% in comparison to the 20-day moving average, which settled at $99.32. In addition, Lemonade Inc. saw -24.73% 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 Eisenberg Michael A, who sale 10,000 shares at the price of $103.54 back on Jun 08. After this action, Eisenberg Michael A now owns 51,120 shares of Lemonade Inc., valued at $1,035,370 using the latest closing price.
Eisenberg Michael A, the Director of Lemonade Inc., sale 10,000 shares at $96.64 during a trade that took place back on Jun 07, which means that Eisenberg Michael A is holding 61,120 shares at $966,389 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 -26.50, with -15.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 8.06.