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Lemonade Inc: Rising -23.79% from 52-Week Low, Can the Stock Stay Afloat?

Lemonade Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $24.55 on 07/18/24, while the lowest value for the same period was recorded at $10.27 on 10/30/23.

52-week price history of LMND Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Lemonade Inc’s current trading price is -23.79% away from its 52-week high, while its distance from the 52-week low is 82.27%. The stock’s price range during this period has spanned from $10.27 to $24.55. In the Financial sector, the Lemonade Inc’s shares surpassed a trading volume of approximately 1.87 million for the day, which was noticeably higher compared to the average daily volume of 9.1.45 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Lemonade Inc (LMND) has experienced a quarterly decline of -18.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.33B and boasts a workforce of 1258 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.60, with a change in price of +2.07. Similarly, Lemonade Inc recorded 1,408,156 in trading volume during the last 100 days, posting a change of +12.44%.

Examining LMND’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LMND stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.04.

LMND Stock Stochastic Average

Today, Lemonade Inc’s raw stochastic average for the past 50 days stands at 84.39%, indicating a decline from the raw stochastic average of the last 20 days, which was 93.22%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 71.06% and 56.75% respectively.

LMND Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant gain of 16.00% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 16.57%. Over the past 30 days, the price of LMND has fallen by 2.30%. And in the last five days, it has surged by 18.94%.

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