LifeMD Inc. [NASDAQ: LFMD] slipped around -1.72 points on Monday, while shares priced at $8.25 at the close of the session, down -17.25%. The company report on April 20, 2021 that SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of LifeMD, Inc. – LFMD.
Pomerantz LLP is investigating claims on behalf of investors of LifeMD, Inc. (“LifeMD” or the “Company”) (NASDAQ: LFMD). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 7980.
The investigation concerns whether LifeMD and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
LifeMD Inc. stock is now 26.34% up from its year-to-date (YTD) trading value. LFMD Stock saw the intraday high of $11.29 and lowest of $8.10 per share. The company’s 52-week high price is 33.02, which means current price is +42.00% above from all time high which was touched on 02/10/21.
Compared to the average trading volume of 1.32M shares, LFMD reached a trading volume of 3380247 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about LifeMD Inc. [LFMD]?
The Average True Range (ATR) for LifeMD Inc. is set at 2.11, with the Price to Sales ratio for LFMD stock in the period of the last 12 months amounting to 4.99.
How has LFMD stock performed recently?
LifeMD Inc. [LFMD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.66. With this latest performance, LFMD shares dropped by -58.40% in over the last four-week period, additionally plugging by 22.22% over the last 6 months – not to mention a rise of 489.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LFMD stock in for the last two-week period is set at 27.76, with the RSI for the last a single of trading hit 22.19, and the three-weeks RSI is set at 33.14 for LifeMD Inc. [LFMD]. The present Moving Average for the last 50 days of trading for this stock 19.48, while it was recorded at 9.55 for the last single week of trading, and 10.35 for the last 200 days.
LifeMD Inc. [LFMD]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and LifeMD Inc. [LFMD] shares currently have an operating margin of -155.04 and a Gross Margin at +73.29. LifeMD Inc.’s Net Margin is presently recorded at -157.26.
Return on Equity for this stock declined to -32,070.47, with Return on Assets sitting at -710.88. When it comes to the capital structure of this company, LifeMD Inc. [LFMD] has a Total Debt to Total Equity ratio set at 78.62. Additionally, LFMD Total Debt to Total Capital is recorded at 44.02, with Total Debt to Total Assets ending up at 8.15.
Reflecting on the efficiency of the workforce at the company, LifeMD Inc. [LFMD] managed to generate an average of -$1,047,267 per employee. Receivables Turnover for the company is 100.00 with a Total Asset Turnover recorded at a value of 4.52.LifeMD Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.
Insider trade positions for LifeMD Inc. [LFMD]
There are presently around $8 million, or 3.40% of LFMD stock, in the hands of institutional investors. The top three institutional holders of LFMD stocks are: MONASHEE INVESTMENT MANAGEMENT LLC with ownership of 421,053, which is approximately New of the company’s market cap and around 6.30% of the total institutional ownership; G2 INVESTMENT PARTNERS MANAGEMENT LLC, holding 234,000 shares of the stock with an approximate value of $1.93 million in LFMD stocks shares; and BARRY INVESTMENT ADVISORS, LLC, currently with $1.47 million in LFMD stock with ownership of nearly 114.506% of the company’s market capitalization.
Positions in LifeMD Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 12 institutional holders increased their position in LifeMD Inc. [NASDAQ:LFMD] by around 844,620 shares. Additionally, 0 investors decreased positions by around 0 shares, while 1 investors held positions by with 123,200 shares. The mentioned changes placed institutional holdings at 967,820 shares, according to the latest SEC report filing. LFMD stock had 11 new institutional investments in for a total of 749,351 shares, while 0 institutional investors sold positions of 0 shares during the same period.