On Tuesday, Lemonade Inc (NYSE: LMND) was -2.37% drop from the session before settling in for the closing price of $16.46. A 52-week range for LMND has been $10.27 – $24.81.
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During the last 5-year period, the sales growth of Financial Sector giant was 87.96%. When this article was written, the company’s average yearly earnings per share was at 11.82%. With a float of $50.83 million, this company’s outstanding shares have now reached $70.16 million.
Let’s determine the extent of company efficiency that accounts for 1258 employees.
Lemonade Inc (LMND) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lemonade Inc stocks. The insider ownership of Lemonade Inc is 27.90%, while institutional ownership is 40.67%. The most recent insider transaction that took place on Jun 14 ’24, was worth 72,000. In this transaction Chief Financial Officer of this company bought 5,000 shares at a rate of $14.40, taking the stock ownership to the 30,000 shares. Before that another transaction happened on Jun 13 ’24, when Company’s Chief Financial Officer bought 15,000 for $15.51, making the entire transaction worth $232,650. This insider now owns 25,000 shares in total.
Lemonade Inc (LMND) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 11.82% 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
You can see what Lemonade Inc (LMND) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.13, a number that is poised to hit -0.87 in the next quarter and is forecasted to reach -2.45 in one year’s time.
Technical Analysis of Lemonade Inc (LMND)
Looking closely at Lemonade Inc (NYSE: LMND), its last 5-days average volume was 1.33 million, which is a drop from its year-to-date volume of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 72.00%. Additionally, its Average True Range was 0.69.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 25.79%, which indicates a significant decrease from 69.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.54% in the past 14 days, which was lower than the 74.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.74, while its 200-day Moving Average is $15.95. However, in the short run, Lemonade Inc’s stock first resistance to watch stands at $16.34. Second resistance stands at $16.60. The third major resistance level sits at $16.80. If the price goes on to break the first support level at $15.88, it is likely to go to the next support level at $15.68. Should the price break the second support level, the third support level stands at $15.42.
Lemonade Inc (NYSE: LMND) Key Stats
There are 70,502K outstanding shares of the company, which has a market capitalization of 1.13 billion. As of now, sales total 429,800 K while income totals -236,900 K. Its latest quarter income was 119,100 K while its last quarter net income were -47,300 K.
