LifeMD (NASDAQ:LFMDP) Trading Up 0.2%

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

LifeMD Price Performance

The company’s 50-day moving average is $21.31 and its two-hundred day moving average is $19.48.

LifeMD Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 5th were given a $0.5547 dividend. This represents a $2.22 annualized dividend and a dividend yield of 9.86%. The ex-dividend date was Thursday, April 4th.

About LifeMD

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.