How have the shares performed?
LifeMD Inc. (LFMD) saw an uptrend of 34.87% in the recent trading with $8.78 being its most recent. The current price level -73.41% lower than the highest price of $33.02 marked by the stock while trading over the past 52-weeks, whereas it is 550.37% higher than the lowest price of $1.35 the company dropped to over past 52-weeks. The latest news story on LFMD appeared in GlobeNewswire under the title “SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in LifeMD, Inc. f/k/a Conversion Labs, Inc. of Class Action Lawsuit and Upcoming Deadline LFMD” on May-14-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -22.23% below one month high and is +42.53% above of the lowest during that time. Looking into the simple moving average, LifeMD Inc. (LFMD)’s stock stands at a SMA-50 of $13.36 while that of 5-day is reading $7.34.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and LFMD’s SMA-200 as of now is $10.77.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.
LifeMD Inc. Earnings – What Happened With LFMD
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. LifeMD Inc. (LFMD) last released financial results for the quarter that ended 12/30/2020, posting a surprise factor of -966.70% for net revenue. During the reported three-month period, company’s sales were $12.89 billion while analysts on average were estimating the same to be $18.21 million.
LFMD – LifeMD Inc. Stock Earnings Estimates
The perspective of LifeMD Inc. (NASDAQ:LFMD)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.24 for stock’s EPS in the current quarter. 2 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -2.56.
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 24.47 million. LFMD does have institutional investors; and they hold 11.80% of the stock.
LifeMD Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 10 new insider purchases involving 2,329,262 shares. On the other hand, LFMD declared 60,120 shares have been sold in 3 insider transactions over the past three months.
As on Dec 30, 2020, Monashee Investment Management LLC was the top most holder in LifeMD Inc. (NASDAQ:LFMD) with an ownership of 0.42 million shares of the company or 1.61% of the stake worth $2.75 million. The filing also reveals G2 Investment Partners Management LLC as the second largest holder in the company with a control over 0.89% of the outstanding shares. Its stake is worth $1.53 million for having 0.23 million shares in hand.
Barry Investment Advisors, LLC also came holding a key position in the company during the recent quarter and it now holds 0.68% of the outstanding shares. With this there are now 28 institutions which have possession in LFMD’s shares.
Currently, the stock has been recommended as Strong Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.
Technical Analysis of LifeMD Inc. (NASDAQ:LFMD) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for LifeMD Inc. (LFMD), we notice that the stock’s 20-day average volume is at 1,687,850 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 1,482,570 shares. And to end, LFMD’s 100-day average volume is 1,208,221 shares with 50% of the long-term indicators pointing towards Sell for the stock.