With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $17.45 whereas the lowest price it dropped to was $16.87. 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 1.77.
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 -7.58%, but this was down by -4.07% over a month. Three-month performance surged to 2.73% while six-month performance rose 3.29%. The stock gained 47.01% in the past year, while it has gained 5.08% 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 2024-09-13, short shares totaled 16.81 million, which was 2367.0 higher than short shares on 1723680000. 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.