LifeMD (NASDAQ:LFMDP) Shares Down 1.5% – Here’s What Happened

Shares of LifeMD, Inc. (NASDAQ:LFMDPGet Free Report) were down 1.5% on Friday . The stock traded as low as $22.58 and last traded at $22.3790. Approximately 1,855 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 2,187 shares. The stock had previously closed at $22.73.

LifeMD Stock Down 1.5%

The stock has a 50 day moving average of $22.52 and a 200 day moving average of $23.36.

LifeMD Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Monday, January 5th were given a dividend of $0.5547 per share. The ex-dividend date was Monday, January 5th. This represents a $2.22 annualized dividend and a dividend yield of 9.9%.

About LifeMD

(Get Free Report)

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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