MSP Recovery, Inc. (NASDAQ:LIFW – Get Free Report) rose 103.8% during trading on Wednesday . The company traded as high as $4.12 and last traded at $3.24. Approximately 29,084,500 shares were traded during mid-day trading, an increase of 8,232% from the average daily volume of 349,072 shares. The stock had previously closed at $1.59.
MSP Recovery Stock Performance
The firm has a 50-day simple moving average of $2.13 and a two-hundred day simple moving average of $3.18. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $21.25 million, a price-to-earnings ratio of -0.02 and a beta of -2.37.
About MSP Recovery
MSP Recovery, Inc, doing business as LifeWallet, operates as a healthcare recovery 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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