MSP Recovery (NASDAQ:LIFW) Trading Down 7.3% – Here’s Why

MSP Recovery, Inc. (NASDAQ:LIFWGet Free Report)’s share price dropped 7.3% on Wednesday . The company traded as low as $2.13 and last traded at $2.16. Approximately 28,498 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 3,333,967 shares. The stock had previously closed at $2.33.

MSP Recovery Stock Performance

The stock has a market cap of $14.17 million, a price-to-earnings ratio of -0.02 and a beta of -2.38. 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 firm’s 50-day moving average is $2.16 and its two-hundred day moving average is $2.42.

About MSP Recovery

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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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