MSP Recovery Inc (NASDAQ:LIFW) finished Friday with a subtraction of -$0.01 to close at $0.21, a downside of -1.65 percent. An average of 53,362,980 shares of common stock have been traded in the last five days. There was a fall of -$0.0224 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 108,897,352 shares traded, while the 50-day average volume stands at 44,680,961.
LIFW stock has increased by 183.00% in the last month. The company shares reached their 1-month lowest point of $0.0430 on 09/13/23. With the stock rallying to its 52-week high on 01/03/23, shares of the company touched a low of $0.04 and a high of $1.74 in 52 weeks. It has reached a new high 1 time so far this year and lost -86.58% or -$1.3852 in price. In spite of this, the price is down -87.66% 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 243 days ago on Jan 30.
Valuation Metrics
MSP Recovery Inc (LIFW) stock’s beta is -2.49. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.33, the price-to-book (PB) ratio at 0.21.
Financial Health
The quick ratio of MSP Recovery Inc for the three months ended September 29 was 0.29, and the current ratio was 0.29, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 4.58 and a total debt to equity ratio of 4.58 for the quarter ending September 29. Its gross profit as reported stood at $21.37 million compared to revenue of $23.42 million.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$8.22 million in the quarter, while revenues of -$4.92 million were grew 84.31%. The analyst consensus anticipated MSP Recovery Inc’s latest quarter earnings to come in at $0.54 per share, but it turned out to be -$0.19, a -135.20% surprise. For the quarter, EBITDA amounted to -$19.43 million. Shareholders own equity worth $3.44 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at MSP Recovery Inc (LIFW) price momentum. RSI 9-day as of the close on 29 September was 60.80%, suggesting the stock is Neutral, with historical volatility in this time frame at 447.20%.
As of today, LIFW’s price is $0.2021 -9.44% or -$0.0224 from its 5-day moving average. LIFW is currently trading +202.54% higher than its 20-day SMA and -59.47% lower than its 100-day SMA. However, the stock’s current price level is -17.38% below the SMA50 and -79.74% below the SMA200.
The stochastic %K and %D were 66.16% and 60.25%, respectively, and the average true range (ATR) was 0.0612. With the 14-day stochastic at 64.73% and the average true range at 0.0538, the RSI (14) stands at 59.18%. The stock has reached 0.0260 on the 9-day MACD Oscillator while the 14-day reading was at 0.0606.
Analyst Ratings
The consensus rating for MSP Recovery Inc (LIFW) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LIFW, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
