Lifeward Ltd (NASDAQ:LFWD) shares traded 19.79% higher at $2.24 on Wall Street last session.
LFWD stock price is now 28.16% away from the 50-day moving average and -28.43% away from the 200-day moving average. The market capitalization of the company currently stands at $23.80M.
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With the price target of $10, Laidlaw recently initiated with Buy rating for Lifeward Ltd (NASDAQ: LFWD). On April 03, 2017, Barclays Downgraded its previous ‘Equal Weight’ rating to ‘Underweight’ on the stock reducing its target price from $2.50 to quote $1.50, while ‘Oppenheimer’ rates the stock as ‘Outperform’
In other news, Lind Global Fund II LP, 10% Owner sold 381,676 shares of the company’s stock on Jan 06 ’25. The stock was sold for $1,283,102 at an average price of $3.36. Upon completion of the transaction, the 10% Owner now directly owns 1,049,430 shares in the company, valued at $2.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, 10% Owner Lind Global Fund II LP sold 191,434 shares of the business’s stock. A total of $371,907 was realized by selling the stock at an average price of $1.94. This leaves the insider owning 857,996 shares of the company worth $1.92 million. A total of 14.70% of the company’s stock is owned by insiders.
During the past 12 months, Lifeward Ltd has had a low of $1.25 and a high of $7.70. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.65, and a quick ratio of 1.90. The fifty day moving average price for LFWD is $1.74416 and a two-hundred day moving average price translates $3.14243 for the stock.
The latest earnings results from Lifeward Ltd (NASDAQ: LFWD) was released for 2024-06-30. The net profit margin was -77.21% and return on equity was -45.06% for LFWD. The company reported revenue of $6.13 million for the quarter, compared to $4.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.18 percent.
