In yesterday’s Wall Street session, MSP Recovery Inc (NASDAQ:LIFW) shares traded at $0.10, down -14.14% from the previous session.
LIFW stock price is now -31.85% away from the 50-day moving average and -82.33% away from the 200-day moving average. The market capitalization of the company currently stands at $15.16M.
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In other news, Palantir Technologies Inc., Former 10% Owner sold 506,296 shares of the company’s stock on Nov 06 ’24. The stock was sold for $65,717 at an average price of $0.13. Upon completion of the transaction, the Former 10% Owner now directly owns 2,985,381 shares in the company, valued at $0.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 05 ’24, Former 10% Owner Palantir Technologies Inc. sold 340,300 shares of the business’s stock. A total of $37,331 was realized by selling the stock at an average price of $0.11. This leaves the insider owning 3,491,677 shares of the company worth $0.35 million. A total of 17.47% of the company’s stock is owned by insiders.
During the past 12 months, MSP Recovery Inc has had a low of $0.09 and a high of $8.25. 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 $0.14568 and a two-hundred day moving average price translates $0.558415 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.
