During the last session, LifeMD Inc (NASDAQ:LFMD)’s traded shares were 0.75 million, with the beta value of the company hitting 1.42. At the end of the trading day, the stock’s price was $11.95, reflecting an intraday gain of 10.44% or $1.13. The 52-week high for the LFMD share is $12.01, that puts it down -0.5 from that peak though still a striking 88.28% gain since the share price plummeted to a 52-week low of $1.40. The company’s market capitalization is $482.42M, and the average trade volume was 645.33K shares over the past three months.
LifeMD Inc (NASDAQ:LFMD) trade information
LifeMD Inc (LFMD) registered a 10.44% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.44% in intraday trading to $11.95, hitting a weekly high. The stock’s 5-day price performance is 23.20%, and it has moved by 17.39% in 30 days. Based on these gigs, the overall price performance for the year is 668.49%.
LifeMD Inc (LFMD) estimates and forecasts
Statistics show that LifeMD Inc has outperformed its competitors in share price, compared to the industry in which it operates. LifeMD Inc (LFMD) shares have gone up 81.61% during the last six months, with a year-to-date growth rate more than the industry average at 78.57% against 12.50. In the rating firms’ projections, revenue will increase 32.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 42.54M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 47.14M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 30.8M and 35.95M respectively. In this case, analysts expect current quarter sales to grow by 38.10% and then jump by 31.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -25.48%. While earnings are projected to return 59.14% in 2024.
LFMD Dividends
LifeMD Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
