On Friday, Lemonade Inc (NYSE: LMND) was 3.17% up from the session before settling in for the closing price of $22.70. A 52-week range for LMND has been $10.27 – $24.55.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 87.96%. When this article was written, the company’s average yearly earnings per share was at 11.67%. With a float of $50.83 million, this company’s outstanding shares have now reached $70.16 million.
Considering the fact that the conglomerate employs 1258 people, you should pay attention to its efficiency factor.
Lemonade Inc (LMND) Breakdown of a Key Holders of the stock
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 43.17%. 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) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted -0.97 earnings per share (EPS) during the time that was better than consensus figure (set at -1.03) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.67% 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 4.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.13, a number that is poised to hit -0.88 in the next quarter and is forecasted to reach -2.47 in one year’s time.
Technical Analysis of Lemonade Inc (LMND)
Compared to the last year’s volume of 1.68 million, its volume of 1.36 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 61.81%. Additionally, its Average True Range was 1.18.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 89.26%, which indicates a significant increase from 85.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.00% in the past 14 days, which was higher than the 51.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.76, while its 200-day Moving Average is $16.69. Nevertheless, the first resistance level for the watch stands at $23.87 in the near term. At $24.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.94. If the price goes on to break the first support level at $22.80, it is likely to go to the next support level at $22.17. Now, if the price goes above the second support level, the third support stands at $21.73.
Lemonade Inc (NYSE: LMND) Key Stats
There are 70,502K outstanding shares of the company, which has a market capitalization of 1.65 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.
