The stock of MSP Recovery Inc. (NASDAQ:LIFW) decreased by $0.0 on Tuesday to finish at $0.07, down -0.27 percent. The last five days have seen an average of 4,446,100 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$1.5272. The average number of shares traded over the last 20 days was 2,556,035, while the average volume over the last 50 days totaled 1,147,936.
LIFW stock dropped -64.10% since last month. On 08/25/23, the company’s shares reached a one-month low of $0.0658. The stock touched a high of $2.05 on 01/03/23, after rallying from a low of $0.07 in 52 weeks. The price of LIFW stock has declined by -95.45% or -$1.5272 this year, reaching a new high 1 time. Still, the stock price is down -96.45% from the 52-week high.
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Insider Transactions
LIFW stock investors should be aware that MSP Recovery Inc. (LIFW) stock had its last reported insider trading activity 212 days ago on Jan 30. On Jan 30, 10% Owner NOMURA SECURITIES INTERNATIONA sold 7,986 shares at $1.15 each. This transaction resulted in the insider making $9,184.
Valuation Metrics
Beta for the stock is -1.11. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 14.15, the price-to-book (PB) ratio of 0.05.
Financial Health
For the three months ended September 29, MSP Recovery Inc.’s quick ratio was 0.50, while its current ratio was 0.50, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 11.90, and the total debt to equity ratio is 11.90. As far as profitability goes, gross margin for the trailing twelve months is 84.00% percent. Based on annual data, it had gross profit of $21.37 million and revenue of $23.42 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LIFW’s return on assets (ROA) during the last 12 months has been -0.20%. There was a -27.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -8.60%.
Earnings Surprise
According to MSP Recovery Inc.’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that MSP Recovery Inc.’s quarterly earnings would be -$0.19, but it ended up being $0.54, beating the consensus by -135.20%. EBITDA was -$27.16 million for the quarter. At the end of MSP Recovery Inc.’s most recent quarter ended September 29, its liabilities totaled 1.54 billion, while its total debt was $130.71 million. Equity owned by shareholders amounts to $3.44 billion.
Technical Picture
Here’s a quick look at MSP Recovery Inc.’s (LIFW) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 18.64%, suggesting the stock is oversold, with a 105.60% historical volatility rate.
The stochastic %K and %D were 4.88% and 3.36% respectively, while the average true range (ATR) was 0.0214. Based on the 14-day stochastic reading of 6.88%, the RSI (14) reading is 18.96%. On the 9-day MACD Oscillator, the stock is at -0.0156, and the 14-day reading is at -0.0305.
Analyst Ratings
Analysts have assigned MSP Recovery Inc. (LIFW) an Buy rating. LIFW is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is LIFW’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.00 and $3.00, with a median target price of $3.00. In analyzing these forecasts, the average price target given by analysts for MSP Recovery Inc. (LIFW) is $3.00.
