Previous Close | 21.46 |
Open | 21.95 |
Bid | 21.56 x 1100 |
Ask | 22.51 x 1100 |
Day's Range | 19.81 - 22.33 |
52 Week Range | 15.99 - 115.85 |
Volume | |
Avg. Volume | 1,737,768 |
Market Cap | 1.299B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -3.41 |
Earnings Date | Feb 28, 2022 - Mar 04, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 29.50 |
Market volatility has hurt up-and-coming companies like Lemonade (NYSE: LMND), which looks to upend the insurance industry. Meanwhile, companies with steady cash flows like Progressive (NYSE: PGR) have held up better amid this recent volatility. With Lemonade trading near its lowest prices ever while Progressive is near its highest, which stock is a better buy today?
If you're like me, you probably don't enjoy dealing with insurance companies. Buying insurance can be complicated, and making a claim can be both frustrating and incredibly time-consuming in some circumstances. Lemonade (NYSE: LMND) is an innovative insurance company using artificial intelligence (AI) to create that improvement.
The market continues to send down shares of insurance technology company Lemonade (NYSE: LMND). The company is posting strong growth in many areas, and it's demonstrating improvement in the two areas where it's had the most challenges: loss ratio and net loss. Improvement here is relative since Lemonade is still underperforming its metrics from two years ago.