28-Mar-2024
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MSP Recovery Inc is a healthcare recoveries and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.
MSP Recovery - Class A trades on the NASDAQ stock market under the symbol LIFW.
As of March 28, 2024, LIFW stock price declined to $0.69 with 304,699 million shares trading.
LIFW has a beta of 2.60, meaning it tends to be more sensitive to market movements. LIFW has a correlation of 0.02 to the broad based SPY ETF.
LIFW has a market cap of $10.14 million. This is considered a Sub-Micro Cap stock.
The top ETF exchange traded funds that LIFW belongs to (by Net Assets): VTI, VB, VBR, VXF, AVSC.
LIFW has underperformed the market in the last year with a price return of -96.9% while the SPY ETF gained +33.6%. LIFW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -71.2% and -17.5%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
LIFW support price is $.64 and resistance is $.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LIFW stock will trade within this expected range on the day.