In the latest trading session, 0.59 million MSP Recovery Inc (NASDAQ:LIFW) shares changed hands as the company’s beta touched -0.97. With the company’s most recent per share price at $5.31 changed hands at -$1.02 or -16.11% at last look, the market valuation stands at $70.62M. LIFW’s current price is a discount, trading about -719.21% off its 52-week high of $43.50. The share price had its 52-week low at $1.05, which suggests the last value was 80.23% up since then. When we look at MSP Recovery Inc’s average trading volume, we note the 10-day average is 7.02 million shares, with the 3-month average coming to 4.21 million.
Analysts gave the MSP Recovery Inc (LIFW) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LIFW as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. MSP Recovery Inc’s EPS for the current quarter is expected to be $0.
MSP Recovery Inc (NASDAQ:LIFW) trade information
Instantly LIFW was in red as seen in intraday trades today. With action -22.59%, the performance over the past five days has been red. The drop to weekly highs of 7.65 on Monday, 11/20/23 subtracted -16.11% to the stock’s daily price. The company’s shares are showing year-to-date downside of -86.73%, with the 5-day performance at -22.59% in the red. However, in the 30-day time frame, MSP Recovery Inc (NASDAQ:LIFW) is 305.34% up. Looking at the short shares, we see there were 0.41 million shares sold at short interest cover period of 0.26 days.
The consensus price target for the stock as assigned by Wall Street analysts is $75.00, meaning bulls need an upside of 92.92% from its recent market value. According to analyst projections, LIFW’s forecast low is $75.00 with $75.00 as the target high. To hit the forecast high, the stock’s price needs a -1312.43% plunge from its current level, while the stock would need to soar -1312.43% for it to hit the projected low.
MSP Recovery Inc (NASDAQ:LIFW)’s Major holders
Palantir Technologies Inc. holds the second largest percentage of outstanding shares, with 0.03% or 86607.0 shares worth $0.71 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Small-Cap Index Fund and Vanguard Total Stock Market Index Fund. With 64829.0 shares estimated at $0.53 million under it, the former controlled 0.02% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.02% of the shares, roughly 74237.0 shares worth around $0.61 million.