The stock of Leafly Holdings Inc (NASDAQ: LFLY) has decreased by -39.59 when compared to last closing price of 1.44.Despite this, the company has seen a loss of -43.14% in its stock price over the last five trading days. businesswire.com reported 2025-01-16 that SEATTLE–(BUSINESS WIRE)–Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that it received notice that the Nasdaq Hearings Panel has determined to delist the Company’s common stock from The Nasdaq Stock Market LLC (“Nasdaq”) due to the Company’s failure to comply with the minimum $500,000 in net income from continuing operations in the most recently completed fiscal year, or tw.
Is It Worth Investing in Leafly Holdings Inc (NASDAQ: LFLY) Right Now?
Moreover, the 36-month beta value for LFLY is 0.88. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LFLY is 2.74M and currently, short sellers hold a 0.44% of that float. On January 16, 2025, LFLY’s average trading volume was 40.16K shares.
LFLY’s Market Performance
LFLY’s stock has seen a -43.14% decrease for the week, with a -32.04% drop in the past month and a -56.40% fall in the past quarter. The volatility ratio for the week is 7.05%, and the volatility levels for the past 30 days are at 12.58% for Leafly Holdings Inc. The simple moving average for the past 20 days is -42.30% for LFLY’s stock, with a -56.05% simple moving average for the past 200 days.
Analysts’ Opinion of LFLY
Many brokerage firms have already submitted their reports for LFLY stocks, with Cowen repeating the rating for LFLY by listing it as a “Outperform.” The predicted price for LFLY in the upcoming period, according to Cowen is $12 based on the research report published on May 20, 2022 of the previous year 2022.
LFLY Trading at -41.56% from the 50-Day Moving Average
After a stumble in the market that brought LFLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.43% of loss for the given period.
Volatility was left at 12.58%, however, over the last 30 days, the volatility rate increased by 7.05%, as shares sank -31.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.42% lower at present.
During the last 5 trading sessions, LFLY fell by -43.14%, which changed the moving average for the period of 200-days by -73.15% in comparison to the 20-day moving average, which settled at $1.5076. In addition, Leafly Holdings Inc saw -44.59% 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 LFLY starting from Lee Peter Ho Lik, who sale 226 shares at the price of $2.20 back on Jul 16 ’24. After this action, Lee Peter Ho Lik now owns 20,918 shares of Leafly Holdings Inc, valued at $497 using the latest closing price.
Stock Fundamentals for LFLY
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- 0.89 for the gross margin
The net margin for Leafly Holdings Inc stands at -0.15. The total capital return value is set at 0.2.
Based on Leafly Holdings Inc (LFLY), the company’s capital structure generated 1.96 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at -2.04. The interest coverage ratio of the stock is -1.13.
Currently, EBITDA for the company is -5.73 million with net debt to EBITDA at -11.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.52. The receivables turnover for the company is 18.66for trailing twelve months and the total asset turnover is 1.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
To wrap up, the performance of Leafly Holdings Inc (LFLY) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.