MSP Recovery, Inc. (NASDAQ:LIFW – Get Free Report) shares traded up 1.2% on Wednesday . The company traded as high as $0.96 and last traded at $0.94. 637,859 shares were traded during mid-day trading, a decline of 87% from the average session volume of 4,936,157 shares. The stock had previously closed at $0.93.
MSP Recovery Price Performance
The company has a debt-to-equity ratio of 0.39, a current ratio of 0.54 and a quick ratio of 0.54. The business has a 50-day simple moving average of $0.95 and a two-hundred day simple moving average of $1.01.
Insider Activity
In other news, major shareholder Cano Health, Inc. sold 31,658 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $0.82, for a total transaction of $25,959.56. Following the completion of the sale, the insider now owns 4,790,806 shares in the company, valued at approximately $3,928,460.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other MSP Recovery news, major shareholder Cano Health, Inc. sold 31,658 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $0.82, for a total transaction of $25,959.56. Following the sale, the insider now directly owns 4,790,806 shares of the company’s stock, valued at approximately $3,928,460.92. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO John Hasan Ruiz bought 438,596 shares of the business’s stock in a transaction on Monday, March 4th. The shares were purchased at an average cost of $1.14 per share, for a total transaction of $499,999.44. Following the completion of the purchase, the chief executive officer now owns 912,786 shares in the company, valued at $1,040,576.04. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 3,849,176 shares of company stock worth $4,363,910. Insiders own 19.40% of the company’s stock.
Hedge Funds Weigh In On MSP Recovery
About MSP Recovery
MSP Recovery, Inc, doing business as LifeWallet, operates as a healthcare recoveries and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights.
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