MSP Recovery (NASDAQ:LIFW) Stock Price Up 8% – Should You Buy?

MSP Recovery, Inc. (NASDAQ:LIFWGet Free Report) rose 8% during mid-day trading on Wednesday . The stock traded as high as $2.84 and last traded at $2.71. Approximately 172,162 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 3,333,967 shares. The stock had previously closed at $2.51.

MSP Recovery Stock Down 1.7 %

The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.01 and a current ratio of 0.01. The company has a market capitalization of $18.83 million, a price-to-earnings ratio of -0.02 and a beta of -2.38. The firm’s 50-day simple moving average is $2.18 and its 200-day simple moving average is $2.17.

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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