Lemonade Inc (NYSE: LMND) Rose 55.48% From Its 52-Week Low; YTD Numbers Rose 43.03% – Here Are Some Things To Keep In Mind

During the last session, Lemonade Inc (NYSE:LMND)’s traded shares were 2.96 million, with the beta value of the company hitting 1.85. At the end of the trading day, the stock’s price was $23.07, reflecting an intraday gain of 2.35% or $0.53. The 52-week high for the LMND share is $24.81, that puts it down -7.54 from that peak though still a striking 55.48% gain since the share price plummeted to a 52-week low of $10.27. The company’s market capitalization is $1.63B, and the average trade volume was 1.50 million shares over the past three months.

Lemonade Inc (LMND) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.55. LMND has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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Lemonade Inc (NYSE:LMND) trade information

Lemonade Inc (LMND) registered a 2.35% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.35% in intraday trading to $23.07, hitting a weekly high. The stock’s 5-day price performance is 25.45%, and it has moved by 60.43% in 30 days. Based on these gigs, the overall price performance for the year is 15.00%.

The extremes of the forecast give a target low and a target high price of $16 and $19 respectively. As a result, LMND is trading at a premium of 17.64% off the target high and 30.65% off the low.

Lemonade Inc (LMND) estimates and forecasts

Statistics show that Lemonade Inc has outperformed its competitors in share price, compared to the industry in which it operates. Lemonade Inc (LMND) shares have gone up 45.55% during the last six months, with a year-to-date growth rate more than the industry average at 13.53% against 10.30.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -29.47%. While earnings are projected to return 11.75% in 2024, the next five years will return 19.50% per annum.

LMND Dividends

Lemonade Inc is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Lemonade Inc (NYSE:LMND)’s Major holders