A better buy-in window may exist right now for Lemonade Inc (LMND)

With 0.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.49 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $17.5 whereas the lowest price it dropped to was $17.0324. The 52-week range on LMND shows that it touched its highest point at $24.55 and its lowest point at $10.27 during that stretch. It currently has a 1-year price target of $18.50. Beta for the stock currently stands at 1.78.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LMND was down-trending over the past week, with a drop of -5.76%, but this was down by -7.59% over a month. Three-month performance surged to 4.12% while six-month performance rose 5.73%. The stock gained 46.88% in the past year, while it has gained 6.45% so far this year. A look at the trailing 12-month EPS for LMND yields -2.97 with Next year EPS estimates of -2.54. For the next quarter, that number is -1.02. This implies an EPS growth rate of 11.02% for this year and 15.99% for next year. EPS is expected to grow by 19.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.47%.

Float and Shares Shorts:

At present, 70.16 million LMND shares are outstanding with a float of 51.38 million shares on hand for trading. On 2024-08-30, short shares totaled 16.93 million, which was 2383.0 higher than short shares on 1722384000. In addition to Mr. Daniel Asher Schreiber as the firm’s CO-Founder, Chairman & CEO, Mr. Shai Wininger Gavish serves as its Co-Founder, President & Director.

Institutional Ownership:

Through their ownership of 0.42901 of LMND’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LMND since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.