Lemonade Inc (LMND): A Technical Analysis

LMND has 36-month beta value of 1.77. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for LMND is 51.38M, and currently, short sellers hold a 31.15% ratio of that float. The average trading volume of LMND on October 30, 2024 was 1.30M shares.

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LMND) stock’s latest price update

Lemonade Inc (NYSE: LMND)’s stock price has soared by 4.16 in relation to previous closing price of 18.07. Nevertheless, the company has seen a gain of 1.14% in its stock price over the last five trading days. fool.com reported 2024-10-29 that Lemonade stock could make a big move this week.

LMND’s Market Performance

Lemonade Inc (LMND) has experienced a 1.14% rise in stock performance for the past week, with a 16.54% rise in the past month, and a 8.80% rise in the past quarter. The volatility ratio for the week is 3.74%, and the volatility levels for the past 30 days are at 4.29% for LMND. The simple moving average for the last 20 days is 5.44% for LMND’s stock, with a simple moving average of 8.44% for the last 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 5.48% 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 -23.33% of loss for the given period.

Volatility was left at 4.29%, however, over the last 30 days, the volatility rate increased by 3.74%, as shares surge +14.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.74% upper at present.

During the last 5 trading sessions, LMND rose by +0.38%, which changed the moving average for the period of 200-days by +17.85% in comparison to the 20-day moving average, which settled at $17.84. In addition, Lemonade Inc saw 16.69% 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 2.51. 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

To put it simply, Lemonade Inc (LMND) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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