MSP Recovery (NASDAQ:LIFW) Trading Down 7.5% – Should You Sell?

MSP Recovery, Inc. (NASDAQ:LIFW) traded down 7.5% during trading on Wednesday . The company traded as low as $1.90 and last traded at $1.97. 50,791 shares changed hands during trading, a decline of 98% from the average session volume of 3,333,967 shares. The stock had previously closed at $2.13.

MSP Recovery Price Performance

The firm has a market capitalization of $12.93 million, a P/E 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. The stock has a 50 day moving average of $2.39 and a two-hundred day moving average of $2.22.

Institutional Trading of MSP Recovery

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

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.