A new trading day began on Friday, with Lemonade Inc (NYSE: LMND) stock price down -2.26% from the previous day of trading, before settling in for the closing price of $19.02. LMND’s price has ranged from $10.27 to $24.55 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged 10.74%. With a float of $51.38 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. In terms of profitability, gross margin is 103.97%, operating margin of -47.74%, and the pretax margin is -48.05%.
Lemonade Inc (LMND) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Lemonade Inc is 27.66%, while institutional ownership is 42.28%. The most recent insider transaction that took place on Sep 10 ’24, was worth 37,392. In this transaction Chief Financial Officer of this company sold 2,050 shares at a rate of $18.24, taking the stock ownership to the 271,552 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Officer proposed sale 2,050 for $18.24, making the entire transaction worth $37,382.
Lemonade Inc (LMND) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.88 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.74% 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
Here are Lemonade Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.97, a number that is poised to hit -1.02 in the next quarter and is forecasted to reach -2.54 in one year’s time.
Technical Analysis of Lemonade Inc (LMND)
Compared to the last year’s volume of 1.59 million, its volume of 1.32 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.79%. Additionally, its Average True Range was 0.81.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 43.35%, which indicates a significant decrease from 77.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.77% in the past 14 days, which was lower than the 60.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.48, while its 200-day Moving Average is $17.29. Nevertheless, the first resistance level for the watch stands at $19.16 in the near term. At $19.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.03. If the price goes on to break the first support level at $18.29, it is likely to go to the next support level at $17.99. Now, if the price goes above the second support level, the third support stands at $17.42.
Lemonade Inc (NYSE: LMND) Key Stats
With a market capitalization of 1.32 billion, the company has a total of 70,502K Shares Outstanding. Currently, annual sales are 429,800 K while annual income is -236,900 K. The company’s previous quarter sales were 122,000 K while its latest quarter income was -57,200 K.
