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

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

MSP Recovery Stock Down 7.3 %

The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.85. The company’s 50 day moving average price is $2.16 and its 200 day moving average price is $2.42. The firm has a market capitalization of $14.17 million, a price-to-earnings ratio of -0.02 and a beta of -2.38.

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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