On Tuesday, Lemonade Inc (NYSE: LMND) was -3.06% drop from the session before settling in for the closing price of $18.64. A 52-week range for LMND has been $10.27 – $24.55.
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Annual sales at Financial sector company grew by 87.96% over the past five years. When this article was written, the company’s average yearly earnings per share was at 10.74%. With a float of $51.38 million, this company’s outstanding shares have now reached $70.16 million.
Let’s look at the performance matrix of the company that is accounted for 1258 employees. In terms of profitability, gross margin is 103.97%, operating margin of -47.74%, and the pretax margin is -48.05%.
Lemonade Inc (LMND) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lemonade Inc stocks. The insider ownership of Lemonade Inc is 27.66%, 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) Performance Highlights and Predictions
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
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 3.22.
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)
Lemonade Inc (NYSE: LMND) saw its 5-day average volume 0.87 million, a negative change from its year-to-date volume of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 29.49%. Additionally, its Average True Range was 0.76.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 38.40%, which indicates a significant decrease from 57.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.77% in the past 14 days, which was lower than the 60.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.82, while its 200-day Moving Average is $17.34. Nevertheless, the first resistance level for the watch stands at $18.47 in the near term. At $18.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.09. If the price goes on to break the first support level at $17.85, it is likely to go to the next support level at $17.62. Assuming the price breaks the second support level, the third support level stands at $17.23.
Lemonade Inc (NYSE: LMND) Key Stats
There are 71,028K outstanding shares of the company, which has a market capitalization of 1.28 billion. As of now, sales total 429,800 K while income totals -236,900 K. Its latest quarter income was 122,000 K while its last quarter net income were -57,200 K.
