LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report) dropped 1.8% on Friday . The stock traded as low as $23.36 and last traded at $23.3250. Approximately 6,538 shares traded hands during trading, an increase of 204% from the average daily volume of 2,154 shares. The stock had previously closed at $23.75.
LifeMD Trading Down 1.8%
The company has a 50-day moving average price of $23.70 and a two-hundred day moving average price of $22.95.
LifeMD Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, April 3rd were issued 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 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.
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