MSP Recovery (NASDAQ:LIFW) Stock Price Down 4.4% – What’s Next?

MSP Recovery, Inc. (NASDAQ:LIFW)’s stock price fell 4.4% during trading on Wednesday . The stock traded as low as $1.24 and last traded at $1.30. 46,795 shares were traded during mid-day trading, a decline of 90% from the average session volume of 453,270 shares. The stock had previously closed at $1.36.

MSP Recovery Stock Down 4.4 %

The company has a market capitalization of $8.53 million, a PE ratio of -0.01 and a beta of -2.38. The firm has a fifty day simple moving average of $1.99 and a 200-day simple moving average of $2.15. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.01 and a current ratio of 0.01.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MSP Recovery stock. Two Sigma Investments LP purchased a new stake in shares of MSP Recovery, Inc. (NASDAQ:LIFW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,369 shares of the company’s stock, valued at approximately $43,000. Two Sigma Investments LP owned approximately 0.20% of MSP Recovery at the end of the most recent quarter. 3.77% of the stock is owned by institutional investors and hedge funds.

MSP Recovery Company Profile

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.