Additionally, the 36-month beta value for LMND is 1.86. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 4 rating it as “sell.”
The average price predicted by analysts for LMND is $18.11, which is $0.48 above the current price. The public float for LMND is 49.48M and currently, short sellers hold a 31.57% ratio of that float. The average trading volume of LMND on November 20, 2023 was 1.58M shares.
LMND) stock’s latest price update
The stock price of Lemonade Inc (NYSE: LMND) has surged by 6.72 when compared to previous closing price of 16.52, but the company has seen a 23.03% gain in its stock price over the last five trading sessions. The Motley Fool reported 2023-11-19 that You can invest in the AI boom without relying on the largest stocks that everyone already knows all about. For example, Lemonade’s AI-driven business model is reshaping the insurance industry.
LMND’s Market Performance
LMND’s stock has risen by 23.03% in the past week, with a monthly rise of 50.43% and a quarterly rise of 30.21%. The volatility ratio for the week is 6.57% while the volatility levels for the last 30 days are 7.55% for Lemonade Inc The simple moving average for the past 20 days is 26.40% for LMND’s stock, with a 15.80% simple moving average for the past 200 days.
Analysts’ Opinion of LMND
Many brokerage firms have already submitted their reports for LMND stocks, with Morgan Stanley repeating the rating for LMND by listing it as a “Underweight.” The predicted price for LMND in the upcoming period, according to Morgan Stanley is $14 based on the research report published on June 20, 2023 of the current year 2023.
LMND Trading at 36.83% 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 -28.94% of loss for the given period.
Volatility was left at 7.55%, however, over the last 30 days, the volatility rate increased by 6.57%, as shares surge +50.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.44% upper at present.
During the last 5 trading sessions, LMND rose by +21.77%, which changed the moving average for the period of 200-days by -4.96% in comparison to the 20-day moving average, which settled at $14.24. In addition, Lemonade Inc saw 28.87% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at LMND starting from Peters John Sheldon, who sale 5,000 shares at the price of $20.00 back on Jul 17. After this action, Peters John Sheldon now owns 47,784 shares of Lemonade Inc, valued at $100,000 using the latest closing price.
BIXBY TIMOTHY E, the Chief Financial Officer of Lemonade Inc, sale 1,474 shares at $18.26 during a trade that took place back on Jun 05, which means that BIXBY TIMOTHY E is holding 268,581 shares at $26,915 based on the most recent closing price.
Stock Fundamentals for LMND
Current profitability levels for the company are sitting at:
- -148.70 for the present operating margin
The net margin for Lemonade Inc stands at -154.62. The total capital return value is set at -30.83, while invested capital returns managed to touch -31.29. Equity return is now at value -31.61, with -19.12 for asset returns.
Based on Lemonade Inc (LMND), the company’s capital structure generated 4.06 points at debt to equity in total, while total debt to capital is 3.90. Total debt to assets is 2.57, with long-term debt to equity ratio resting at 3.05. Finally, the long-term debt to capital ratio is 2.93.
When we switch over and look at the enterprise to sales, we see a ratio of 2.71, with the company’s debt to enterprise value settled at 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.16.
In conclusion, Lemonade Inc (LMND) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.