As of Friday close, MSP Recovery Inc.’s (NASDAQ:LIFW) stock traded at $0.24. The average number of shares traded per day over the past five days has been 238,136,063 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0492 gain in that time frame. In the last twenty days, the average volume was 96,559,438, while in the previous 50 days, it was 39,359,109.
Since last month, LIFW stock rose 195.76%. Shares of the company fell to $0.0430 on 09/13/23, the lowest level in the past month. A 52-week high of $1.74 was reached on 01/03/23 after having rallying from a 52-week low of $0.04. Since the beginning of this year, LIFW’s stock price has dropped by -85.17% or -$1.3628, and marked a new high 1 time. However, the stock has declined by -86.37% since its 52-week high.
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LIFW stock investors should be aware that MSP Recovery Inc. (LIFW) stock had its last reported insider trading activity 236 days ago on Jan 30. NOMURA SECURITIES INTERNATIONA, the 10% Owner of the company, disposed of 7,986 shares for $1.15 on Jan 30. It resulted in a $9,184 divestment by the insider.
Valuation Metrics
The stock’s beta is -2.50. Besides these, the trailing price-to-sales (P/S) ratio of 14.65, the price-to-book (PB) ratio of 0.22.
Financial Health
In the three months ended September 29, MSP Recovery Inc.’s quick ratio stood at 0.30, while its current ratio was 0.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 11.01, and the total debt-to-equity ratio was 11.01. On the profitability front, the trailing twelve-month gross margin is 83.30% percent. Based on annual data, LIFW earned $21.37 million in gross profit and brought in $23.42 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -27.10%. Return on equity (ROE) for the past 12 months was -14.20%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected MSP Recovery Inc. to report $0.54 quarterly earnings, the actual figure was -$0.19 per share, beating the consensus estimate by -135.20%. During the quarter, the company generated -$19.43 million in EBITDA. The liabilities of MSP Recovery Inc. were 1.61 billion at the end of its most recent quarter ended September 29, and its total debt was $130.71 million. The value of shareholders’ equity is $3.44 billion.
Technical Picture
This quick technical analysis looks at MSP Recovery Inc.’s (LIFW) price momentum. With a historical volatility rate of 731.54%, the RSI 9-day stood at 72.15% on 22 September.
With respect to its five-day moving average, the current MSP Recovery Inc. price is up by +26.17% percent or $0.0492. At present, LIFW shares trade +226.27% above its 20-day simple moving average and -63.50% percent below its 100-day simple moving average. However, the stock is currently trading approximately -19.59% below its SMA50 and -81.02% below its SMA200.
Stochastic coefficient K was 64.97% and Stochastic coefficient D was 50.57%, while ATR was 0.0684. Given the Stochastic reading of 73.17% for the 14-day period, the RSI (14) reading has been calculated as 67.12%. As of today, the MACD Oscillator reading stands at 0.0761, while the 14-day reading stands at 0.0989.
Analyst Ratings
MSP Recovery Inc. (LIFW) has been rated Buy by analysts. According to 0 brokerage firms, LIFW is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate MSP Recovery Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $3.00, the current consensus forecast for the stock is $3.00 – $3.00. Based on these forecasts, analysts predict MSP Recovery Inc. (LIFW) will achieve an average price target of $3.00.
