Moreover, the 36-month beta value for LFMD is 1.20. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LFMD is 34.09M and currently, short sellers hold a 13.78% of that float. On October 03, 2024, LFMD’s average trading volume was 520.15K shares.
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LFMD) stock’s latest price update
LifeMD Inc (NASDAQ: LFMD)’s stock price has dropped by -8.14 in relation to previous closing price of 5.16. Nevertheless, the company has seen a loss of -8.85% in its stock price over the last five trading days. globenewswire.com reported 2024-09-24 that NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) — LifeMD, Inc. (Nasdaq: LFMD), 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.
LFMD’s Market Performance
LFMD’s stock has fallen by -8.85% in the past week, with a monthly drop of -5.01% and a quarterly drop of -27.85%. The volatility ratio for the week is 4.51% while the volatility levels for the last 30 days are 6.33% for LifeMD Inc. The simple moving average for the past 20 days is -7.84% for LFMD’s stock, with a -36.32% simple moving average for the past 200 days.
Analysts’ Opinion of LFMD
Many brokerage firms have already submitted their reports for LFMD stocks, with B. Riley Securities repeating the rating for LFMD by listing it as a “Buy.” The predicted price for LFMD in the upcoming period, according to B. Riley Securities is $11 based on the research report published on August 23, 2024 of the current year 2024.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see LFMD reach a price target of $12. The rating they have provided for LFMD stocks is “Overweight” according to the report published on June 05th, 2024.
Craig Hallum gave a rating of “Buy” to LFMD, setting the target price at $10 in the report published on November 30th of the previous year.
LFMD Trading at -13.52% 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 -63.20% of loss for the given period.
Volatility was left at 6.33%, however, over the last 30 days, the volatility rate increased by 4.51%, as shares sank -3.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.47% lower at present.
During the last 5 trading sessions, LFMD fell by -8.17%, which changed the moving average for the period of 200-days by -38.94% in comparison to the 20-day moving average, which settled at $5.14. In addition, LifeMD Inc saw -42.82% 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 Galluppi Stefan, who purchase 3,000 shares at the price of $4.93 back on Sep 11 ’24. After this action, Galluppi Stefan now owns 45,449 shares of LifeMD Inc, valued at $14,790 using the latest closing price.
Stock Fundamentals for LFMD
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.85 for the gross margin
The net margin for LifeMD Inc stands at -0.13. The total capital return value is set at -1.58.
Based on LifeMD Inc (LFMD), the company’s capital structure generated 1.29 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 -4.39. The interest coverage ratio of the stock is -8.19.
Currently, EBITDA for the company is -7.89 million with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 31.45for trailing twelve months and the total asset turnover is 2.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.
Conclusion
To wrap up, the performance of LifeMD Inc (LFMD) has been bad in recent times. The stock has received a bullish of “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.
