Lemonade Inc (LMND): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Insurance – Property & Casualty industry segment, falling under the Financial sector. The current market capitalization of Lemonade Inc is $2.38B. A total of 0.82 million shares were traded on the day, compared to an average of 2.71M shares.

In the most recent transaction, Peters John Sheldon sold 28,985 shares of LMND for 38.67 per share on Dec 30 ’24. After the transaction, the Chief Insurance Officer now owns 69,508 company shares. In a previous transaction on Dec 30 ’24, Peters John Sheldon bought 28,985 shares at 38.67 per share.

Among the insiders who sold shares, Peters John Sheldon disposed of 1,790 shares on Dec 03 ’24 at a per-share price of $45.50. This resulted in the Chief Insurance Officer holding 88,493 shares of LMND after the transaction. In another insider transaction, Prosor Maya sold 304 shares at $45.50 per share on Dec 03 ’24. Company shares held by the Chief Business Officer now total 8,684.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, LMND has a high of $53.85 and a low of $14.03.

As of this writing, LMND has an earnings estimate of -$0.61 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of -$0.54 per share and a lower estimate of -$0.66.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. LMND’s latest balance sheet shows that the firm has $1.07B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $8.31, while its Total Shareholder’s Equity was $988.20M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LMND is Buy with a score of 2.64.

Most Popular

Related Posts