In yesterday’s Wall Street session, Lifeward Ltd (NASDAQ:LFWD) shares traded at $1.64, down -9.39% from the previous session.
LFWD stock price is now -14.22% away from the 50-day moving average and -51.99% away from the 200-day moving average. The market capitalization of the company currently stands at $17.43M.
With the price target reduced from $2.50 to $1.50, Barclays Downgraded its rating from Equal Weight to Underweight for Lifeward Ltd (NASDAQ: LFWD). , while ‘Piper Jaffray’ rates the stock as ‘Overweight’
In other news, Lind Global Fund II LP, 10% Owner sold 381,676 shares of the company’s stock on Jan 06 ’25. The stock was sold for $1,283,102 at an average price of $3.36. Upon completion of the transaction, the 10% Owner now directly owns 1,049,430 shares in the company, valued at $1.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, 10% Owner Lind Global Fund II LP sold 191,434 shares of the business’s stock. A total of $371,907 was realized by selling the stock at an average price of $1.94. This leaves the insider owning 857,996 shares of the company worth $1.41 million. A total of 14.96% of the company’s stock is owned by insiders.
During the past 12 months, Lifeward Ltd has had a low of $1.41 and a high of $7.84. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.65, and a quick ratio of 1.90. The fifty day moving average price for LFWD is $1.91196 and a two-hundred day moving average price translates $3.41608 for the stock.
The latest earnings results from Lifeward Ltd (NASDAQ: LFWD) was released for 2024-06-30. The net profit margin was -77.21% and return on equity was -45.06% for LFWD. The company reported revenue of $6.13 million for the quarter, compared to $4.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.18 percent. For the current quarter, analysts expect LFWD to generate $7.3M in revenue.
