MSP Recovery Inc (NASDAQ: LIFW) – Analysts’ Views Revised To A Positive

MSP Recovery Inc (NASDAQ:LIFW) price closed lower on Monday, April 15, dropping -16.48% below its previous close.

A look at the daily price movement shows that the last close reads $1.14. The company’s 5Y monthly beta was ticking -2.02. Taking into account the 52-week price action we note that the stock hit a 52-week high of $23.50 and 52-week low of $0.65. The stock added 25.28% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give LIFW a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

The overview shows that LIFW’s price is at present -1.89% off the SMA20 and 3.55% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 46.72, with weekly volatility standing at 29.62%. The indicator jumps to 22.03% when calculated based on the past 30 days. MSP Recovery Inc (NASDAQ:LIFW)’s beta value is holding at -2.24, while the average true range (ATR) indicator is currently reading 0.27.

An analysis of the MSP Recovery Inc (NASDAQ:LIFW) stock in terms of its daily trading volume indicates that the 3-month average is 2.38 million.

Current records show that the company has 14.80M in outstanding shares. The insiders’ percentage holdings are 16.98% of outstanding shares while the percentage share held by institutions stands at 4.61%. But the -58.06% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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