MSP Recovery Inc (NASDAQ: LIFW)’s stock price has dropped by -3.31 in relation to previous closing price of 0.14. Nevertheless, the company has seen a loss of -1.15% in its stock price over the last five trading days. globenewswire.com reported 2024-10-02 that LifeWallet Acquires Assignment of Additional MSP Claims with an Overall Paid Amount Exceeding $10.
Is It Worth Investing in MSP Recovery Inc (NASDAQ: LIFW) Right Now?
The 36-month beta value for LIFW is also noteworthy at -2.36. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LIFW is 15.04M, and at present, short sellers hold a 7.77% of that float. The average trading volume of LIFW on October 17, 2024 was 1.50M shares.
LIFW’s Market Performance
LIFW’s stock has seen a -1.15% decrease for the week, with a -19.44% drop in the past month and a -72.56% fall in the past quarter. The volatility ratio for the week is 5.69%, and the volatility levels for the past 30 days are at 10.63% for MSP Recovery Inc The simple moving average for the last 20 days is -9.31% for LIFW’s stock, with a simple moving average of -79.86% for the last 200 days.
LIFW Trading at -29.16% from the 50-Day Moving Average
After a stumble in the market that brought LIFW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.22% of loss for the given period.
Volatility was left at 10.63%, however, over the last 30 days, the volatility rate increased by 5.69%, as shares sank -13.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.57% lower at present.
During the last 5 trading sessions, LIFW fell by -1.08%, which changed the moving average for the period of 200-days by -93.43% in comparison to the 20-day moving average, which settled at $0.1513. In addition, MSP Recovery Inc saw -93.96% 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 LIFW starting from Ruiz John Hasan, who purchase 50,000 shares at the price of $0.24 back on Aug 28 ’24. After this action, Ruiz John Hasan now owns 1,791,406 shares of MSP Recovery Inc, valued at $12,115 using the latest closing price.
Ruiz John Hasan, the Chief Executive Officer of MSP Recovery Inc, purchase 360,620 shares at $0.28 during a trade that took place back on Aug 22 ’24, which means that Ruiz John Hasan is holding 1,741,406 shares at $100,000 based on the most recent closing price.
Stock Fundamentals for LIFW
Current profitability levels for the company are sitting at:
- -72.45 for the present operating margin
- -47.73 for the gross margin
The net margin for MSP Recovery Inc stands at -11.62. The total capital return value is set at -0.19. Equity return is now at value -44.11, with -2.76 for asset returns.
Based on MSP Recovery Inc (LIFW), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at 2.81. The interest coverage ratio of the stock is -1.46.
Currently, EBITDA for the company is -83.11 million with net debt to EBITDA at -12.28. When we switch over and look at the enterprise to sales, we see a ratio of 99.62. The receivables turnover for the company is 6.04for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.
Conclusion
In summary, MSP Recovery Inc (LIFW) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
