LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report)’s share price rose 0.2% during trading on Tuesday . The stock traded as high as $23.30 and last traded at $23.14. Approximately 8,757 shares were traded during trading, an increase of 274% from the average session volume of 2,343 shares. The stock had previously closed at $23.10.
LifeMD Stock Performance
The firm has a 50 day moving average of $23.57 and a 200 day moving average of $23.14.
LifeMD Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Friday, July 3rd were given a dividend of $0.5547 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $2.22 annualized dividend and a dividend yield of 9.5%.
LifeMD Company Profile
LifeMD Inc is a telehealth provider offering personalized virtual medical and wellness services via its digital platform. The company connects patients with licensed healthcare professionals for consultations, diagnosis, and treatment across a broad spectrum of health needs. Through a subscription-based model, LifeMD delivers ongoing support for chronic condition management, preventive care and general health maintenance, aiming to improve access to care and enhance patient convenience.
The company’s service offerings include remote consultations in primary care, hormone replacement therapy, sexual health, weight management, mental wellness and dermatology.
Further Reading
- Five stocks we like better than LifeMD
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for LifeMD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LifeMD and related companies with MarketBeat.com's FREE daily email newsletter.
