Lemonade Inc (NYSE: LMND) is 39.74% higher on its value in year-to-date trading and has touched a low of $10.27 and a high of $24.81 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 LMND stock was last observed hovering at around $20.64 in the last trading session, with the day’s gains setting it 1.9%.
Currently trading at $22.54, the stock is 33.94% and 33.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing 9.21% at the moment leaves the stock 39.24% off its SMA200. LMND registered 20.60% gain for a year compared to 6-month loss of 35.62%.
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The stock witnessed a 46.08% gain in the last 1 month and extending the period to 3 months gives it a 37.86%, and is 23.91% up 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 6.49% over the week and 5.00% over the month.
Lemonade Inc (LMND) has around 1258 employees, a market worth around $1.59B and $380.10M in sales. Profit margin for the company is -57.46%. Distance from 52-week low is 119.58% and -9.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.10%).
with sales reaching $121.77M over the same period.The EPS is expected to grow by 11.75% this year, but quarterly earnings will post 20.00% year-over-year. Quarterly sales are estimated to grow 16.40% in year-over-year returns.
Lemonade Inc (LMND) Top Institutional Holders
The shares outstanding are 70.16M, and float is at 50.83M with Short Float at 32.70%.
Lemonade Inc (LMND) Insider Activity
The most recent transaction is an insider purchase by BIXBY TIMOTHY E,the company’sChief Financial Officer. SEC filings show that BIXBY TIMOTHY E bought 5,000 shares of the company’s common stock on Jun 14 ’24 at a price of $14.40 per share for a total of $72000.0. Following the purchase, the insider now owns 30000.0 shares.
Lemonade Inc disclosed in a document filed with the SEC on Jun 13 ’24 that BIXBY TIMOTHY E (Chief Financial Officer) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Jun 13 ’24 and was made at $15.51 per share for $0.23 million. Following the transaction, the insider now directly holds 25000.0 shares of the LMND stock.
Still, SEC filings show that on Jun 04 ’24, BIXBY TIMOTHY E (Chief Financial Officer) disposed off 2,077 shares at an average price of $16.03 for $33294.0. The insider now directly holds 273,602 shares of Lemonade Inc (LMND).
