LM Funding America, Inc. (NASDAQ:LMFA) traded at $1.36 at last check on Tuesday, Jun 30, making an upward move of 10.57% on its previous day’s price.
Looking at the stock we see that its previous close was $1.23 and the beta (5Y monthly) reads 1.92 with the day’s price range being $1.3400 – 1.6400. In terms of its 52-week price range, LMFA has a high of $4.89 and a low of $0.3. The company’s stock has gained about 20.59% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the LMFA stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 0 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the LM Funding America, Inc. (LMFA) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of 0 and investors could take advantage and scoop up stock of the company.
Let’s briefly compare LM (LMFA) stock to its peers. We find that today’s price change of +10.57% and +1.65% over the past 12 months for LMFA betters that of American Express Company (AXP), which has seen its stock price rise 0.36% in the latest trading session and is -23.43% over the last one year. Another of its peers Moody’s Corp (MCO) has climbed 0.84% today, and is +37.79% up over the past year, while XP Inc Cl A (XP) is also up 10.57% yet its price remains in the green at 1.65% over the same period. American has a P/E ratio of 14.32 compared to LM’s 0 and Moody’s 33.38. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to LM Funding America, Inc. (NASDAQ:LMFA), we note that the average 3-month trading volume was 1.58 Million, while that of the preceding 10-day period stands at 1.35 Million. Current shares outstanding are 5.03 Million.
According to data from Thomson Reuters, insiders hold 55.88% of the company’s shares while institutions hold 1.75%. The data shows that short shares as of June 14, 2020, stood at 76.09 Million at a short ratio of 0.4. This represents a 2% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 9.94 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +58.69% up in year-to-date price movement.