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The Attractiveness of Investing In MSP Recovery Inc (LIFW) is Growing

MSP Recovery Inc’s filing revealed that its 10% Owner Cano Health, Inc. unloaded Company’s shares for reported $0.98 million on Apr 02 ’24. In the deal valued at $0.88 per share,1,109,500 shares were sold. As a result of this transaction, Cano Health, Inc. now holds 903,655 shares worth roughly $0.73 million.

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Then, Cano Health, Inc. sold 30,376 shares, generating $20,352 in total proceeds. Upon selling the shares at $0.67, the 10% Owner now owns 2,013,155 shares.

Before that, Cano Health, Inc. sold 25,778 shares. MSP Recovery Inc shares valued at $17,787 were divested by the 10% Owner at a price of $0.69 per share. As a result of the transaction, Cano Health, Inc. now holds 2,043,531 shares, worth roughly $1.66 million.

Price Performance Review of LIFW

On Tuesday, MSP Recovery Inc [NASDAQ:LIFW] saw its stock jump 0.14% to $0.81. Over the last five days, the stock has lost -8.07%. MSP Recovery Inc shares have fallen nearly -64.36% since the year began. Nevertheless, the stocks have fallen -92.11% over the past one year. While a 52-week high of $17.48 was reached on 04/08/24, a 52-week low of $0.65 was recorded on 04/01/24. SMA at 50 days reached $0.9540, while 200 days put it at $2.3254. A total of 0.63 million shares were traded, compared to the trading of 0.32 million shares in the previous session.

Levels Of Support And Resistance For LIFW Stock

The 24-hour chart illustrates a support level at 0.7770, which if violated will result in even more drops to 0.7449. On the upside, there is a resistance level at 0.8306. A further resistance level may holdings at 0.8521. The Relative Strength Index (RSI) on the 14-day chart is 40.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0741, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.42%. Stochastics %K at 6.22% indicates the stock is a buying.

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