On Tuesday, Lemonade Inc (NYSE: LMND) opened higher 8.23% from the last session, before settling in for the closing price of $16.16. Price fluctuations for LMND have ranged from $10.27 to $24.81 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 87.96%. Company’s average yearly earnings per share was noted 8.33% at the time writing. With a float of $50.49 million, this company’s outstanding shares have now reached $70.16 million.
The extent of productivity of a business whose workforce counts for 1258 workers is very important to gauge.
Lemonade Inc (LMND) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Insurance – Property & Casualty industry is another important factor to consider. The insider ownership of Lemonade Inc is 28.11%, while institutional ownership is 39.26%. The most recent insider transaction that took place on Mar 11 ’24, was worth 5,139. In this transaction Chief Business Officer of this company sold 290 shares at a rate of $17.72, taking the stock ownership to the 9,522 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Chief Financial Officer bought 10,000 for $16.54, making the entire transaction worth $165,400. This insider now owns 10,000 shares in total.
Lemonade Inc (LMND) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -0.95 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1.13) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.50% during the next five years compared to -29.47% drop over the previous five years of trading.
Lemonade Inc (NYSE: LMND) Trading Performance Indicators
Check out the current performance indicators for Lemonade Inc (LMND). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.40, a number that is poised to hit -0.81 in the next quarter and is forecasted to reach -2.62 in one year’s time.
Technical Analysis of Lemonade Inc (LMND)
The latest stats from [Lemonade Inc, LMND] show that its last 5-days average volume of 1.38 million was inferior to 1.79 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.06%. Additionally, its Average True Range was 0.88.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 35.41%, which indicates a significant decrease from 88.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.10% in the past 14 days, which was lower than the 80.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.83, while its 200-day Moving Average is $15.99. Now, the first resistance to watch is $17.96. This is followed by the second major resistance level at $18.44. The third major resistance level sits at $19.35. If the price goes on to break the first support level at $16.58, it is likely to go to the next support level at $15.67. The third support level lies at $15.19 if the price breaches the second support level.
Lemonade Inc (NYSE: LMND) Key Stats
There are currently 70,224K shares outstanding in the company with a market cap of 1.23 billion. Presently, the company’s annual sales total 429,800 K according to its annual income of -236,900 K. Last quarter, the company’s sales amounted to 115,500 K and its income totaled -42,400 K.
