MSP Recovery (NASDAQ:LIFW) Stock Price Down 4.4% – Time to Sell?

MSP Recovery, Inc. (NASDAQ:LIFW) was down 4.4% on Wednesday . The stock traded as low as $1.24 and last traded at $1.30. Approximately 46,795 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 453,270 shares. The stock had previously closed at $1.36.

MSP Recovery Stock Down 4.4 %

The stock has a fifty day moving average price of $1.99 and a 200-day moving average price of $2.15. The firm has a market cap of $8.53 million, a PE ratio of -0.01 and a beta of -2.38. 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 Investors Weigh In On MSP Recovery

A hedge fund recently bought a new stake in MSP Recovery stock. Two Sigma Investments LP bought a new stake in MSP Recovery, Inc. (NASDAQ:LIFW) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,369 shares of the company’s stock, valued at approximately $43,000. Two Sigma Investments LP owned approximately 0.20% of MSP Recovery as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 3.77% of the company’s stock.

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.