LifeMD (NASDAQ:LFMDP) Shares Down 3.1%

LifeMD, Inc. (NASDAQ:LFMDP) shares fell 3.1% during mid-day trading on Thursday . The stock traded as low as $21.80 and last traded at $21.80. 1,947 shares were traded during mid-day trading, a decline of 84% from the average session volume of 12,522 shares. The stock had previously closed at $22.50.

LifeMD Stock Down 3.1 %

The company has a 50 day moving average price of $22.18 and a 200-day moving average price of $19.88.

LifeMD Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 5th were paid a $0.5547 dividend. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $2.22 annualized dividend and a dividend yield of 10.18%.

LifeMD Company Profile

LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair loss; NavaMD, a female-oriented tele-dermatology that offers virtual medical treatment from dermatologists and other providers; and prescription oral and compounded topical medications to treat aging and acne; and Cleared which provides personalized treatments for allergy, asthma and immunology, including in-home tests for both environmental and food allergies, prescriptions for allergies and asthma and immunotherapies for treating chronic allergies.