LifeMD (NASDAQ:LFMDP) Trading Up 0.4% – Should You Buy?

Shares of LifeMD, Inc. (NASDAQ:LFMDP) traded up 0.4% on Monday . The company traded as high as $24.96 and last traded at $24.54. 4,884 shares changed hands during mid-day trading, an increase of 76% from the average session volume of 2,780 shares. The stock had previously closed at $24.44.

LifeMD Price Performance

The stock has a 50 day simple moving average of $22.68 and a two-hundred day simple moving average of $22.48.

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.