Lemonade Inc (NYSE: LMND)’s stock price has decreased by -9.33 compared to its previous closing price of 51.81. However, the company has seen a -4.68% decrease in its stock price over the last five trading sessions. marketbeat.com reported 2024-12-02 that Artificial intelligence (AI) has been revolutionizing many sectors and industries enabling enhanced productivity and efficiencies. The computer and technology sector has been transformed with the AI boom as processing power continues to expand exponentially.
Is It Worth Investing in Lemonade Inc (NYSE: LMND) Right Now?
Moreover, the 36-month beta value for LMND is 2.09. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 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 LMND is 51.67M and currently, short sellers hold a 30.66% of that float. On December 02, 2024, LMND’s average trading volume was 2.07M shares.
LMND’s Market Performance
LMND’s stock has seen a -4.68% decrease for the week, with a 97.62% rise in the past month and a 156.27% gain in the past quarter. The volatility ratio for the week is 8.82%, and the volatility levels for the past 30 days are at 10.54% for Lemonade Inc The simple moving average for the past 20 days is 22.53% for LMND’s stock, with a 139.50% simple moving average for the past 200 days.
Analysts’ Opinion of LMND
Many brokerage firms have already submitted their reports for LMND stocks, with Morgan Stanley repeating the rating for LMND by listing it as a “Equal-Weight.” The predicted price for LMND in the upcoming period, according to Morgan Stanley is $42 based on the research report published on November 20, 2024 of the current year 2024.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see LMND reach a price target of $21, previously predicting the price at $18. The rating they have provided for LMND stocks is “Underperform” according to the report published on November 07th, 2024.
TD Cowen gave a rating of “Market Perform” to LMND, setting the target price at $17 in the report published on January 10th of the current year.
LMND Trading at 79.78% 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 -12.77% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 8.82%, as shares surge +96.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +159.11% upper at present.
During the last 5 trading sessions, LMND fell by -3.57%, which changed the moving average for the period of 200-days by +163.85% in comparison to the 20-day moving average, which settled at $38.37. In addition, Lemonade Inc saw 191.23% 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 Prosor Maya, who sale 30,000 shares at the price of $50.00 back on Nov 21 ’24. After this action, Prosor Maya now owns 29,286 shares of Lemonade Inc, valued at $1,500,000 using the latest closing price.
Eckstein Adina, the Chief Operating Officer of Lemonade Inc, sale 23,644 shares at $50.00 during a trade that took place back on Nov 21 ’24, which means that Eckstein Adina is holding 189,653 shares at $1,182,200 based on the most recent closing price.
Stock Fundamentals for LMND
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 1.0 for the gross margin
The net margin for Lemonade Inc stands at -0.44. The total capital return value is set at 0.04. Equity return is now at value -32.52, with -15.99 for asset returns.
Based on Lemonade Inc (LMND), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -0.61.
Currently, EBITDA for the company is 77.3 million with net debt to EBITDA at -3.2. When we switch over and look at the enterprise to sales, we see a ratio of 6.31. The receivables turnover for the company is 1.65for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
Conclusion
To wrap up, the performance of Lemonade Inc (LMND) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
