The price of MSP Recovery Inc (NASDAQ:LIFW) shares last traded on Wall Street rose 3.53% to $0.15.
LIFW stock price is now -18.18% away from the 50-day moving average and -76.91% away from the 200-day moving average. The market capitalization of the company currently stands at $2.57M.
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In other news, Ruiz John Hasan, Chief Executive Officer bought 50,000 shares of the company’s stock on Aug 28 ’24. The stock was bought for $12,115 at an average price of $0.24. Upon completion of the transaction, the Chief Executive Officer now directly owns 1,791,406 shares in the company, valued at $0.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, Chief Executive Officer Ruiz John Hasan bought 360,620 shares of the business’s stock. A total of $100,000 was incurred on buying the stock at an average price of $0.28. This leaves the insider owning 1,741,406 shares of the company worth $0.26 million. A total of 14.15% of the company’s stock is owned by insiders.
During the past 12 months, MSP Recovery Inc has had a low of $0.13 and a high of $17.48. As of last week, the company has a debt-to-equity ratio of 2.81, a current ratio of 0.14, and a quick ratio of 0.14. The fifty day moving average price for LIFW is $0.17924 and a two-hundred day moving average price translates $0.63535 for the stock.
The latest earnings results from MSP Recovery Inc (NASDAQ: LIFW) was released for 2024-06-30. The net profit margin was -1162.14% and return on equity was -44.11% for LIFW. The company reported revenue of $0.34 million for the quarter, compared to $2.54 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -86.74 percent.
