LifeStance Health Group Inc (NASDAQ: LFST) Recovers 50.65% From 52-Week Low, Is LFST Still A High-Risk, High-Reward Play?

LifeStance Health Group Inc (NASDAQ:LFST) currently has a daily average trading volume of 1.46M but it saw 1500461 shares traded in last market. With a market cap of 2.67B USD, the company’s current market price of $6.99 came falling about -3.85 while comparing to the previous closing price of $7.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.20 and as low as $4.64. In the recent trading on the day, stock has struck highest price mark of $6.96 while lowest mark touched by it was $7.41.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which initiated the stock as “Underweight” in its note to investors issued on January 03, 2024, recommending a price target of $7 for it. TD Cowen downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on May 15, 2023 while assigning a price target range of $8-$9. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock is $8.

Over the week, LFST’s stock price is moving -4.38% down while it is 0.72% when we observe its performance for the past one month. Year-to-date it is -10.73% down and over the past year, the stock is showing an upside performance of 34.17%.

Currently, LifeStance Health Group Inc’s total number of outstanding shares is 378.73M. Company’s return on investment (ROI) stands at -8.05% and return on equity (ROE) at -10.32%. Stock’s beta reads 1.24. Stock has a price to book (P/B) ratio of 1.87 while price to sale or P/S ratio amounts to 2.31. Its return on asset (ROA) is -7.04% on average.