LifeMD (NASDAQ:LFMDP) Trading 0.2% Higher

LifeMD, Inc. (NASDAQ:LFMDP) shares traded up 0.2% during trading on Wednesday . The company traded as high as $22.92 and last traded at $22.50. 9,715 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 14,922 shares. The stock had previously closed at $22.45.

LifeMD Price Performance

The business has a 50-day moving average price of $21.38 and a 200 day moving average price of $19.50.

LifeMD Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 5th were given a $0.5547 dividend. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 9.91%.

LifeMD Company Profile

LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair loss; NavaMD, a female-oriented tele-dermatology that offers virtual medical treatment from dermatologists and other providers; and prescription oral and compounded topical medications to treat aging and acne; and Cleared which provides personalized treatments for allergy, asthma and immunology, including in-home tests for both environmental and food allergies, prescriptions for allergies and asthma and immunotherapies for treating chronic allergies.