Lemonade Inc. (LMND) saw downtrend of -2.18% in the recent trading with $119.34 being its most recent. The current price level -13.08% lower than the highest price of $137.30 marked by the stock while trading over the past 52-weeks, whereas it is 170.55% higher than the lowest price of $44.11 the company dropped to over past 52-weeks. The latest news story on LMND appeared in Bloomberg under the title “SoftBanks Son Is Poised for Another IPO Windfall in 2021” on Jan-06-21.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Squeezing the time span to 30 day period shows us the stock is currently trading -13.08% below one month high and is +41.90% above of the lowest during that time. Looking into the simple moving average, Lemonade Inc. (LMND)’s stock stands at a SMA-50 of $81.65 while that of 5-day is reading $121.42.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Lemonade Inc. (LMND) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of 10.90% for net revenue. During the reported three-month period, company’s sales were $10.8 billion while analysts on average were estimating the same to be $18.91 million.
The perspective of Lemonade Inc. (NYSE:LMND)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.64 for stock’s EPS in the current quarter. 7 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.57.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 54.00 million. LMND does have institutional investors; and they hold 29.40% or $19929.78 of the stock.
Moreover, the latest SEC filings also revealed that stock came across 7 new insider purchases involving 68,656 shares. On the other hand, LMND declared 1,257,500 shares have been sold in 143 insider transactions over the past three months.
As on Sep 29, 2020, Softbank Group Corporation was the top most holder in Lemonade Inc. (NYSE:LMND) with an ownership of 11.98 million shares of the company or 21.18% of the stake worth $595.81 million. The filing also reveals Baillie Gifford and Company as the second largest holder in the company with a control over 5.60% of the outstanding shares. Its stake is worth $157.44 million for having 3.17 million shares in hand.
AXA S.A. also came holding a key position in the company during the recent quarter and it now holds 4.06% of the outstanding shares. With this there are now 167 institutions which have possession in LMND’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Lemonade Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for LMND. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock. Currently, the stock has been recommended as Hold by 8 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Lemonade Inc. was 14.52 while posting a debt to equity ratio of 0.00.