With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.81 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $18.05 whereas the lowest price it dropped to was $17.57. The 52-week range on LMND shows that it touched its highest point at $24.81 and its lowest point at $10.27 during that stretch. It currently has a 1-year price target of $18.00. Beta for the stock currently stands at 1.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LMND was up-trending over the past week, with a rise of 13.18%, but this was up by 10.19% over a month. Three-month performance surged to 8.52% while six-month performance rose 60.99%. The stock gained 69.66% in the past year, while it has gained 11.28% so far this year. A look at the trailing 12-month EPS for LMND yields -3.40 with Next year EPS estimates of -2.62. For the next quarter, that number is -0.81. This implies an EPS growth rate of 8.33% for this year and 15.86% for next year. EPS is expected to grow by 19.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.47%.
Float and Shares Shorts:
At present, 70.16 million LMND shares are outstanding with a float of 50.69 million shares on hand for trading. On 2024-04-15, short shares totaled 16.72 million, which was 2380.9999000000003 higher than short shares on 1710460800. In addition to Mr. Daniel Asher Schreiber as the firm’s CO-Founder, Chairman & CEO, Mr. Shai Wininger Gavish serves as its Co-Founder, President & Director.
Institutional Ownership:
Through their ownership of 0.40045 of LMND’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LMND since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
