LifeMD Inc (NASDAQ: LFMD) is 15.56% higher on its value in year-to-date trading and has touched a low of $3.99 and a high of $12.88 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 $5.50 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $5.72, the stock is 10.86% and 4.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 4.00% at the moment leaves the stock -10.91% off its SMA200. LFMD registered -2.56% loss for a year compared to 6-month loss of -15.13%. The firm has a 50-day simple moving average (SMA 50) of $5.4738 and a 200-day simple moving average (SMA200) of $6.4207.
The stock witnessed a 7.72% gain in the last 1 month and extending the period to 3 months gives it a 33.33%, and is 12.60% 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 6.87% over the week and 6.65% over the month.
LifeMD Inc (LFMD) has around 232 employees, a market worth around $247.75M and $193.06M in sales. Profit margin for the company is -13.27%. Distance from 52-week low is 43.36% and -55.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-218.13%).
with sales reaching $57.43M over the same period.The EPS is expected to grow by 21.02% this year, but quarterly earnings will post 34.81% year-over-year. Quarterly sales are estimated to grow 28.03% in year-over-year returns.
135.0 institutions hold shares in LifeMD Inc (LFMD), with institutional investors hold 47.85% of the company’s shares. The shares outstanding are 41.81M, and float is at 33.84M with Short Float at 13.47%. Institutions hold 40.45% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.34 million shares valued at $16.03 million. The investor’s holdings represent 5.9546 of the LFMD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.52 million shares valued at $10.42 million to account for 3.8697 of the shares outstanding. The other top investors are DIVISADERO STREET CAPITAL MANAGEMENT, LP which holds 1.5 million shares representing 3.8183 and valued at over $10.28 million, while STATE STREET CORP holds 2.4531 of the shares totaling 0.96 million with a market value of $6.6 million.
LifeMD Inc (LFMD) Insider Activity
The most recent transaction is an insider sale by Schreiber Justin, the company’s Chief Executive Officer. SEC filings show that Schreiber Justin sold 25,000 shares of the company’s common stock on Jan 02 ’25 at a price of $5.19 per share for a total of $0.13 million. Following the sale, the insider now owns 2.7 million shares.
LifeMD Inc disclosed in a document filed with the SEC on Dec 02 ’24 that Schreiber Justin (Chief Executive Officer) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $6.52 per share for $0.16 million. Following the transaction, the insider now directly holds 2.73 million shares of the LFMD stock.
Still, SEC filings show that on Dec 02 ’24, Justin Schreiber (CEO) Proposed Sale 100,000 shares at an average price of $6.60 for $0.66 million. The insider now directly holds shares of LifeMD Inc (LFMD).
