Do Traders Think LifeMD Inc (LFMD) Can Keep Climbing Friday?

Overall market sentiment has been high on LifeMD Inc (LFMD) stock lately. LFMD receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

LifeMD Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LFMD!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With LFMD Stock Today?

LifeMD Inc (LFMD) stock has risen 5.06% while the S&P 500 is lower by -0.81% as of 1:30 PM on Friday, Oct 13. LFMD is up $0.34 from the previous closing price of $6.75 on volume of 773,636 shares. Over the past year the S&P 500 is higher by 20.62% while LFMD is up 237.62%. LFMD lost -$1.05 per share in the over the last 12 months.

More About LifeMD Inc

LifeMD is a high-growth leading provider of direct-to-patient virtual primary care. LifeMD offers patient centric end-to-end solutions including telemedicine, laboratory and pharmacy services and specialized treatment across more than 200 conditions with a core focus on primary care. Leveraging a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group and a US-based patient care center, LifeMD is elevating healthcare by increasing access to quality affordable care. Given its comprehensive platform, the company has been able to differentiate itself from its competitors and has provided over 755,000 patient consultations to date. LifeMD also operates a non-core segment, WorkSimpli, a leading global provider of workplace and document services solutions for HR and PDF files. For more information, please visit http://www.LifeMD.com . Click Here to get the full Stock Report for LifeMD Inc stock.