LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report)’s stock price was up 0.2% during mid-day trading on Thursday . The stock traded as high as $24.19 and last traded at $23.72. Approximately 932 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 2,184 shares. The stock had previously closed at $23.67.
LifeMD Price Performance
The firm has a 50 day simple moving average of $23.55 and a 200-day simple moving average of $22.96.
LifeMD Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, April 3rd were paid a dividend of $0.5547 per share. The ex-dividend date was Thursday, April 2nd. This represents a $2.22 dividend on an annualized basis and a dividend yield of 9.4%.
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.
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