On Friday, Lemonade Inc (NYSE: LMND) opened higher 1.60% from the last session, before settling in for the closing price of $23.77. Price fluctuations for LMND have ranged from $10.66 to $25.40 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Financial sector company grew by 87.96% over the past five years. Company’s average yearly earnings per share was noted 11.69% at the time writing. With a float of $51.66 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 103.77%, operating margin of -46.74%, and the pretax margin is -47.04%.
Lemonade Inc (LMND) Insider Updates
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 27.66%, while institutional ownership is 42.07%. 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 11.69% 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 4.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.04, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -2.56 in one year’s time.
Technical Analysis of Lemonade Inc (LMND)
Lemonade Inc (NYSE: LMND) saw its 5-day average volume 3.53 million, a positive change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 70.27%. Additionally, its Average True Range was 1.28.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 84.69%, which indicates a significant increase from 78.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.33% in the past 14 days, which was higher than the 70.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.11, while its 200-day Moving Average is $17.43. Nevertheless, the first resistance level for the watch stands at $25.41 in the near term. At $26.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.37. If the price goes on to break the first support level at $23.46, it is likely to go to the next support level at $22.76. Assuming the price breaks the second support level, the third support level stands at $21.50.
Lemonade Inc (NYSE: LMND) Key Stats
There are currently 71,028K shares outstanding in the company with a market cap of 1.75 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 122,000 K and its income totaled -57,200 K.
