The stock of LifeMD Inc (NASDAQ: LFMD) has decreased by -2.14 when compared to last closing price of 6.79. Despite this, the company has experienced a -15.57% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-25 that NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) — LifeMD, Inc. (NASDAQ: LFMD/LFMDP), a leading provider of virtual primary care services, today announced that its Board of Directors has authorized a cash dividend to holders of the Company’s 8.875% Series A Cumulative Perpetual Preferred Stock (Nasdaq: LFMDP) equal to $0.5546875 per share.
Is It Worth Investing in LifeMD Inc (NASDAQ: LFMD) Right Now?
Company’s 36-month beta value is 1.24.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for LFMD is 32.62M, and currently, short sellers hold a 7.70% ratio of that floaft. The average trading volume of LFMD on June 26, 2024 was 781.10K shares.
LFMD’s Market Performance
The stock of LifeMD Inc (LFMD) has seen a -15.57% decrease in the past week, with a -15.24% drop in the past month, and a -39.92% fall in the past quarter. The volatility ratio for the week is 7.64%, and the volatility levels for the past 30 days are at 7.81% for LFMD. The simple moving average for the last 20 days is -14.12% for LFMD stock, with a simple moving average of -13.57% for the last 200 days.
Analysts’ Opinion of LFMD
Many brokerage firms have already submitted their reports for LFMD stocks, with KeyBanc Capital Markets repeating the rating for LFMD by listing it as a “Overweight.” The predicted price for LFMD in the upcoming period, according to KeyBanc Capital Markets is $12 based on the research report published on June 05, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see LFMD reach a price target of $10. The rating they have provided for LFMD stocks is “Buy” according to the report published on November 30th, 2023.
Cantor Fitzgerald gave a rating of “Overweight” to LFMD, setting the target price at $7 in the report published on July 21st of the previous year.
LFMD Trading at -27.20% from the 50-Day Moving Average
After a stumble in the market that brought LFMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.41% of loss for the given period.
Volatility was left at 7.81%, however, over the last 30 days, the volatility rate increased by 7.64%, as shares sank -14.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.91% lower at present.
During the last 5 trading sessions, LFMD fell by -15.63%, which changed the moving average for the period of 200-days by +51.95% in comparison to the 20-day moving average, which settled at $7.68. In addition, LifeMD Inc saw -19.84% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LFMD starting from Velge Bertrand, who purchase 60,000 shares at the price of $3.93 back on Aug 31 ’23. After this action, Velge Bertrand now owns 349,482 shares of LifeMD Inc, valued at $235,800 using the latest closing price.
Velge Bertrand, the Director of LifeMD Inc, purchase 40,000 shares at $3.76 during a trade that took place back on Aug 30 ’23, which means that Velge Bertrand is holding 289,482 shares at $150,400 based on the most recent closing price.
Stock Fundamentals for LFMD
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.86 for the gross margin
The net margin for LifeMD Inc stands at -0.14. The total capital return value is set at -1.06. Equity return is now at value -719.95, with -49.00 for asset returns.
Based on LifeMD Inc (LFMD), the company’s capital structure generated 1.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.89. The debt to equity ratio resting at -21.99. The interest coverage ratio of the stock is -6.34.
Currently, EBITDA for the company is -7.89 million with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 30.65for trailing twelve months and the total asset turnover is 2.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
In a nutshell, LifeMD Inc (LFMD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
