MSP Recovery, Inc. (NASDAQ:MSPRZ – Get Rating) was down 0.8% during mid-day trading on Friday . The stock traded as low as $1.36 and last traded at $1.36. Approximately 1,005 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 81,230 shares. The stock had previously closed at $1.37.
MSP Recovery Price Performance
The company's 50-day simple moving average is $1.27 and its 200-day simple moving average is $1.41.
Get MSP Recovery alerts:Institutional Investors Weigh In On MSP Recovery
A number of institutional investors have recently modified their holdings of the company. Pin Oak Investment Advisors Inc. bought a new position in MSP Recovery during the second quarter worth $42,000. Nomura Holdings Inc. bought a new position in MSP Recovery during the second quarter worth $61,000. Jane Street Group LLC bought a new position in MSP Recovery during the second quarter worth $193,000. Finally, Echo Street Capital Management LLC bought a new position in MSP Recovery during the second quarter worth $396,000.
MSP Recovery Company Profile
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MSP Recovery, Inc provides compliance solutions for the healthcare industry in the United States. The company offers Medicare, Medicaid, commercial, and secondary payer reimbursement recovery services. Its data analytics platform identifies and uncovers historical waste and helps to support the long-term sustainability of Medicare and Medicaid programs, as well as recovers monies owed to hospitals, health insurance companies, and medical providers.
Further Reading
- Get a free copy of the StockNews.com research report on MSP Recovery (MSPRZ)
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