LifeMD Inc (NASDAQ: LFMD) is 23.16% higher on its value in year-to-date trading and has touched a low of $1.40 and a high of $12.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LFMD stock was last observed hovering at around $9.87 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $10.21, the stock is -0.35% and 17.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing 3.44% at the moment leaves the stock 56.39% off its SMA200. LFMD registered 493.60% gain for a year compared to 6-month gain of 50.81%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -6.07% loss in the last 1 month and extending the period to 3 months gives it a 70.17%, and is -0.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.89% over the week and 6.64% over the month.
LifeMD Inc (LFMD) has around 232 employees, a market worth around $412.18M and $152.55M in sales. Profit margin for the company is -15.54%. Distance from 52-week low is 629.29% and -14.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-110.21%).
The EPS is expected to grow by 59.14% this year
The shares outstanding are 38.26M, and float is at 31.20M with Short Float at 8.50%.
LifeMD Inc (LFMD) Insider Activity
The most recent transaction is an insider purchase by Velge Bertrand, the company’s Director. SEC filings show that Velge Bertrand bought 60,000 shares of the company’s common stock on Aug 31 ’23 at a price of $3.93 per share for a total of $0.24 million. Following the purchase, the insider now owns 0.35 million shares.
LifeMD Inc disclosed in a document filed with the SEC on Aug 30 ’23 that Velge Bertrand (Director) bought a total of 40,000 shares of the company’s common stock. The trade occurred on Aug 30 ’23 and was made at $3.76 per share for $0.15 million. Following the transaction, the insider now directly holds 0.29 million shares of the LFMD stock.
Still, SEC filings show that on Aug 29 ’23, Velge Bertrand (Director) acquired 32,072 shares at an average price of $3.58 for $0.11 million. The insider now directly holds 249,482 shares of LifeMD Inc (LFMD).
