MSP Recovery Inc. (NASDAQ:LIFW) saw a downside of -5.94% to close Tuesday at $0.09 after subtracting $0.0 on the day. The 5-day average trading volume is 3,776,420 shares of the company’s common stock. It has gained $0.1676 in the past week and touched a new high 1 time within the past 5 days. An average of 1,518,055 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 717,174.
LIFW’s 1-month performance is -62.89% or -$0.1503 on its low of $0.0844 reached on 08/22/23. The company’s shares have touched a 52-week low of $0.09 and high of $2.83, with the stock’s rally to the 52-week high happening on 01/03/23. YTD, LIFW has lost -94.46% or -$1.5113 and has reached a new high 1 time. However, the current price is down -96.87% from the 52-week high price.
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Insider Transactions
LIFW stock investors last saw insider trading activity on Jan 30.NOMURA SECURITIES INTERNATIONA (10% Owner) most recently sold 7,986 shares at $1.15 per share on Jan 30. This transaction cost the insider $9,184.
Valuation Metrics
LIFW stock has a beta of -1.11. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 13.38 while the price-to-book (PB) in the most recent quarter is 0.07.
MSP Recovery Inc.’s quick ratio for the period ended September 29 was 0.40, with the current ratio over the same period at 0.40. As well, the company’s long term debt to equity for the quarter ending September 29 was 10.14, while the total debt to equity was 10.14.. In terms of profitability, the gross margin trailing 12 months is 91.20%. The trailing 12-month EBITDA margin is -273.80%. The firm’s gross profit as reported stood at $21.37 million against revenue of $23.42 million.
Earnings Surprise
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected LIFW to announce $0.54 per share in earnings in its latest quarter, but it posted -$0.19, representing a -135.20% surprise. EBITDA for the quarter stood at more than -$27.16 million. LIFW stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 1.54 billion, with total debt at $130.71 million. Shareholders hold equity totaling $3.44 billion.
Let’s look briefly at MSP Recovery Inc. (LIFW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 15.06% to suggest the stock is trending oversold, with historical volatility in this time period at 136.01%.
The stock’s 5-day moving average is $0.1087, reflecting a -25.96% or -$0.0311 change from its current price. LIFW is currently trading -60.75% above its 20-day SMA, -89.91% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -81.13% and SMA200 by-91.86%.
Stochastic %K and %D was 4.52% and 7.00% and the average true range (ATR) pointed at 0.0246. The RSI (14) points at 17.52%, while the 14-day stochastic is at 3.57% with the period’s ATR at 0.0282. The stock’s 9-day MACD Oscillator is pointing at -0.0184 and -0.0324 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for LIFW stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate LIFW as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is LIFW’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.00 and a high of $3.00, with their median price target at $3.00. Looking at these predictions, the average price target given by analysts is for MSP Recovery Inc. (LIFW) stock is $3.00.
