In today’s recent session, 1.38 million shares of the LifeMD Inc (NASDAQ:LFMD) have been traded, and its beta is 2.43. Most recently the company’s share price was $15.06, and it changed around $1.48 or 10.90% from the last close, which brings the market valuation of the company to $684.44M. LFMD at last check was trading at a discount to its 52-week high of $14.20, offering almost 5.71% off that amount. The share price’s 52-week low was $3.99, which indicates that the recent value has risen by an impressive 73.51% since then. We note from LifeMD Inc’s average daily trading volume that its 10-day average is 1.72 million shares, with the 3-month average coming to 1.67 million.
LifeMD Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.22. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended LFMD as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
LifeMD Inc (NASDAQ:LFMD) trade information
Instantly LFMD has been showing a green trend so far today with a performance of 10.90% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 15.10 on recent trading dayincreased the stock’s daily price by 0.26%. The company’s shares are currently up 204.24% year-to-date, but still up 19.24% over the last five days. On the other hand, LifeMD Inc (NASDAQ:LFMD) is 42.34% up in the 30-day period. We can see from the shorts that 3.51 million shares have been sold at a short interest cover period of 1.76 day(s).
The consensus price target as assigned by Wall Street analysts is $10.5, which translates to bulls needing to decrease their stock price by -43.43% from its current value. Analyst projections state that LFMD is forecast to be at a low of $7 and a high of $14.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.98%.
LFMD Dividends
LifeMD Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
LifeMD Inc (NASDAQ:LFMD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 15.99% of LifeMD Inc shares, and 37.46% of them are in the hands of institutional investors. The stock currently has a share float of 44.59%. LifeMD Inc stock is held by 142.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.6585% of the shares, which is about 2.34 million shares worth $16.03 million.
VANGUARD GROUP INC, with 3.6772% or 1.52 million shares worth $10.42 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
