Metromile (MILE – Get Rating), Latch (LTCH – Get Rating), and GrowGeneration Corp. (GRWG – Get Rating) are three of the latest POWR Ratings downgrades. Below, we provide a look at each of these downgraded stocks.
MILE is a digital insurance provider. MILE’s auto insurance is offered in real-time, making it easy and quick to insure a car before hitting the road. MILE’s customers also appreciate the company’s highly personalized automobile insurance options.
MILE has an F POWR Rating grade with an F Sentiment component grade and Ds in the Quality, Value, and Stability components. You can learn more about how MILE fares in the rest of the POWR Ratings components such as Momentum and Growth by clicking here.
Out of the 10 stocks in the Insurance – Accident & Supplemental category, MILE is ranked dead last. Click here to find out more about this sector.
MILE is currently trading at $4.58 per share. The stock has a 52-week high of $20.39. MILE has a 52-week low of $4.57. It is clear MILE is headed in the wrong direction.
Check out MILE’s price returns and you will be disappointed. The stock has a six-month price return of -77%, a three-month price return of -36.65%, and a one-month price return of -36.39%.
LTCH makes the enterprise Software-as-a-Service platform referred to as LatchOS. Based in New York, NY, LTCH is currently trading at $9.99. The stock’s 52-week high is $19.70. LTCH has a 52-week low of $9.55.
LTCH has Ds in the POWR Rating components of Quality, Sentiment, Value, and Growth. You can find out how LTCH grades out in the rest of the POWR Ratings components such as Momentum and Stability by clicking here.
Of the 145 publicly traded companies in the Software – Application space, LTCH is…
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