Lemonade Inc (NYSE: LMND)’s stock price has gone rise by 2.25 in comparison to its previous close of 41.27, however, the company has experienced a 7.71% increase in its stock price over the last five trading days. benzinga.com reported 2024-12-24 that The chief business officer and the chief insurance officer of the insurance technology company Lemonade Inc LMND sold their shares in the company on Dec. 3, as per the SEC filings. The company’s technical analysis shows that the stock is under short-term pressure.
Is It Worth Investing in Lemonade Inc (NYSE: LMND) Right Now?
The stock has a 36-month beta value of 2.11. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for LMND is 52.90M, and at present, short sellers hold a 28.96% of that float. On December 26, 2024, the average trading volume of LMND was 2.41M shares.
LMND’s Market Performance
LMND’s stock has seen a 7.71% increase for the week, with a -17.29% drop in the past month and a 147.51% gain in the past quarter. The volatility ratio for the week is 10.01%, and the volatility levels for the past 30 days are at 8.92% for Lemonade Inc The simple moving average for the past 20 days is -3.09% for LMND’s stock, with a 94.09% 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 21.05% 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 -21.63% of loss for the given period.
Volatility was left at 8.92%, however, over the last 30 days, the volatility rate increased by 10.01%, as shares sank -16.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +122.45% upper at present.
During the last 5 trading sessions, LMND rose by +6.23%, which changed the moving average for the period of 200-days by +146.71% in comparison to the 20-day moving average, which settled at $43.52. In addition, Lemonade Inc saw 161.63% 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 Peters John Sheldon, who sale 1,790 shares at the price of $45.50 back on Dec 03 ’24. After this action, Peters John Sheldon now owns 88,493 shares of Lemonade Inc, valued at $81,445 using the latest closing price.
Prosor Maya, the Chief Business Officer of Lemonade Inc, sale 304 shares at $45.50 during a trade that took place back on Dec 03 ’24, which means that Prosor Maya is holding 8,684 shares at $13,832 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 5.67. 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 sum up, Lemonade Inc (LMND) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
