After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for MSP Recovery Inc (LIFW) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.09, or 1.31%, to $6.95. The MSP Recovery Inc has recorded 28,446 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed LifeWallet Announces Third Quarter 2023 Financial Results.
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Stocks Info
As a NASDAQ listed company, LIFW falls under the Healthcare sector while operating within the Health Information Services industry segment. At the end of the last regular session, the stock closed at $6.86 and fluctuated between $7.45 as its day high and $6.03 as its day low. The current market capitalization of MSP Recovery Inc is $91.24M. A total of 3.85 million shares were traded on the day, compared to an average of 4.06M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, LIFW has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 6,868,132 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 1 SELLs from insiders. Insiders purchased 6,900,087 shares during that period but sold 7,986.
In the most recent transaction, Ruiz John Hasan bought 467,290 shares of LIFW for 1.07 per share on Oct 26. After the transaction, the Chief Executive Officer now owns 474,190 company shares. In a previous transaction on Sep 29, Quesada Frank Carlos bought 6,868,132 shares at 0.22 per share. LIFW shares that Chief Legal Officer owns now total 7,007,041.
Among the insiders who sold shares, NOMURA SECURITIES INTERNATIONA disposed of 7,986 shares on Jan 30 at a per-share price of $1.15. This resulted in the 10% Owner holding 182,013 shares of LIFW after the transaction.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for LIFW in the last 3 months, the mean price target is $75.00 with high estimates of $75.00 and low estimates of $75.00. In terms of 52-week highs and lows, LIFW has a high of $43.50 and a low of $1.05.
As of this writing, LIFW has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. LIFW’s latest balance sheet shows that the firm has $1.66M in Cash & Short Term Investments as of fiscal 2021. There were $106.81M in debt and $54.06M in liabilities at the time. Its Book Value Per Share was $25.39, while its Total Shareholder’s Equity was -$151.41M.
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 LIFW is Buy with a score of 0.00.