Shares of LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report) traded down 0.3% during mid-day trading on Wednesday . The stock traded as low as $23.33 and last traded at $23.33. Approximately 4,461 shares changed hands during trading, an increase of 95% from the average daily volume of 2,289 shares. The stock had previously closed at $23.40.
LifeMD Stock Down 0.3%
The business has a fifty day moving average price of $23.41 and a 200-day moving average price of $23.32.
LifeMD Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Friday, July 3rd were paid a $0.5547 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $2.22 annualized dividend 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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