Additionally, the 36-month beta value for LMND is 1.76. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for LMND is 51.38M and currently, short sellers hold a 31.47% ratio of that float. The average trading volume of LMND on October 24, 2024 was 1.33M shares.
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
LMND) stock’s latest price update
The stock price of Lemonade Inc (NYSE: LMND) has jumped by 0.94 compared to previous close of 18.61. Despite this, the company has seen a fall of -1.24% in its stock price over the last five trading days. globenewswire.com reported 2024-10-23 that Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) — The “Embedded Insurance – Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024-2029)” report has been added to ResearchAndMarkets.com’s offering. The Embedded Insurance Market, in terms of gross written premiums value, is expected to grow from USD 156.06 billion in 2024 to USD 703.44 billion by 2029, at a CAGR of 35.14% during the forecast period (2024-2029). Embedded Insurance Market Trends
LMND’s Market Performance
LMND’s stock has fallen by -1.24% in the past week, with a monthly rise of 9.41% and a quarterly drop of -19.79%. The volatility ratio for the week is 3.92% while the volatility levels for the last 30 days are 4.22% for Lemonade Inc The simple moving average for the past 20 days is 7.71% for LMND’s stock, with a 8.46% simple moving average for the past 200 days.
Analysts’ Opinion of LMND
Many brokerage firms have already submitted their reports for LMND stocks, with TD Cowen repeating the rating for LMND by listing it as a “Market Perform.” The predicted price for LMND in the upcoming period, according to TD Cowen is $17 based on the research report published on January 10, 2024 of the current year 2024.
Morgan Stanley gave a rating of “Underweight” to LMND, setting the target price at $14 in the report published on June 20th of the previous year.
LMND Trading at 5.93% 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 -23.48% of loss for the given period.
Volatility was left at 4.22%, however, over the last 30 days, the volatility rate increased by 3.92%, as shares surge +10.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.51% upper at present.
During the last 5 trading sessions, LMND fell by -1.37%, which changed the moving average for the period of 200-days by +8.38% in comparison to the 20-day moving average, which settled at $17.44. In addition, Lemonade Inc saw 16.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LMND starting from BIXBY TIMOTHY E, who sale 2,050 shares at the price of $18.24 back on Sep 10 ’24. After this action, BIXBY TIMOTHY E now owns 271,552 shares of Lemonade Inc, valued at $37,392 using the latest closing price.
BIXBY TIMOTHY E, the Officer of Lemonade Inc, proposed sale 2,050 shares at $18.24 during a trade that took place back on Sep 10 ’24, which means that BIXBY TIMOTHY E is holding shares at $37,382 based on the most recent closing price.
Stock Fundamentals for LMND
Current profitability levels for the company are sitting at:
- -0.48 for the present operating margin
- 1.04 for the gross margin
The net margin for Lemonade Inc stands at -0.5. The total capital return value is set at -0.18. Equity return is now at value -29.64, with -16.19 for asset returns.
Based on Lemonade Inc (LMND), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -0.57.
Currently, EBITDA for the company is 20.0 million with net debt to EBITDA at 4.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.53. The receivables turnover for the company is 0.9for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.41.
Conclusion
In conclusion, Lemonade Inc (LMND) has seen mixed 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’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.
