How Lemonade Inc. (LMND) Works From A Technical Perspective

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Lemonade Inc. (NYSE:LMND) finished Wednesday with a subtraction of -$0.5 to close at $12.91, a downside of -3.73 percent. An average of 1,149,880 shares of common stock have been traded in the last five days. There was a fall of -$2.60 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 1,002,180 shares traded, while the 50-day average volume stands at 956,540.

LMND stock has decreased by -31.91% in the last month. The company shares reached their 1-month lowest point of $12.86 on 12/28/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $13.35 and a high of $44.95 in 52 weeks. It has reached a new high 1 time so far this year and lost -69.34% or -$29.20 in price. In spite of this, the price is down -71.28% from the 52-week high.


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Insider Transactions

LMND stock investors should be aware that Lemonade Inc. (LMND) stock had its last reported insider trading activity 58 days ago on Nov 01. In this transaction, the insider spent $106,625. Director, Eisenberg Michael A, disposed of 7,500 shares at a price of $21.61 on Mar 17. The insider now owns more than $162,056 worth of shares. Prior to that, Director Eisenberg Michael A went on to Sale 5,000 shares at $20.32 each on Mar 16. An amount of $101,600 was transacted.

Valuation Metrics

Lemonade Inc. (LMND) has a trailing price-to-sales (P/S) ratio at 4.29, the price-to-book (PB) ratio at 0.95.

Financial Health

Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Lemonade Inc.’s return on assets was -19.70%.

Earnings Surprise

The company posted a net income of -$91.4 million in the quarter, while revenues of -$67.9 million were grew 27.35%. The analyst consensus anticipated Lemonade Inc.’s latest quarter earnings to come in at -$1.32 per share, but it turned out to be -$1.1, a 16.70% surprise. At the end of the quarter ending June 29, Lemonade Inc.’s stock balance sheet showed total debt was $21.9 million. Shareholders own equity worth $69.16 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Lemonade Inc. (LMND) price momentum. RSI 9-day as of the close on 28 December was 13.60%, suggesting the stock is oversold, with historical volatility in this time frame at 40.28%.

As of today, LMND’s price is $14.11 -16.76% or -$2.60 from its 5-day moving average. LMND is currently trading -32.27% lower than its 20-day SMA and -46.36% lower than its 100-day SMA. However, the stock’s current price level is -39.81% below the SMA50 and -25.38% below the SMA200.

The stochastic %K and %D were 4.34% and 7.73%, respectively, and the average true range (ATR) was 0.97. With the 14-day stochastic at 0.86% and the average true range at 1.05, the RSI (14) stands at 21.88%. The stock has reached -1.40 on the 9-day MACD Oscillator while the 14-day reading was at -2.34.

Analyst Ratings

Keefe Bruyette launched coverage on Lemonade Inc. (NYSE: LMND) in its analyst report released on November 17, 2022. The firm assigned the stock a Mkt perform rating.

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