LM Funding America, Inc. (NASDAQ:LMFA) traded at $0.69 at last check on Friday, Oct 16, making an upward move of 1.4% on its previous day’s price.
Looking at the stock we see that its previous close was $0.68 and the beta (5Y monthly) reads 1.52 with the day’s price range being $0.6702 – 0.7000. The company has a 12-month trailing PE ratio of 0. 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 16.97% 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 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Let’s briefly compare LM (LMFA) stock to its peers. We find that today’s price change of +1.4% and -25.83% over the past 12 months for LMFA competes that of American Express Company (AXP), which has seen its stock price rise 0.46% in the latest trading session and is -11.91% over the last one year. Another of its peers Moody’s Corp (MCO) has dropped -0.49% today, and is +32.13% up over the past year, while XP Inc Cl A (XP) is also up 1.4% yet its price remains in the red at -25.83% over the same period. American has a P/E ratio of 21.72 compared to LM’s 0 and Moody’s 31.65. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.01% and 0.39%, respectively, in early deals.
Coming back to LM Funding America, Inc. (NASDAQ:LMFA), we note that the average 3-month trading volume was 3.07 Million, while that of the preceding 10-day period stands at 2.49 Million. Current shares outstanding are 14.62 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 September 29, 2020, stood at 541.18 Million at a short ratio of 0.1. This represents a 3.7% Short interest in Shares outstanding on September 29, 2020. Shares short rose in September from the previous month at 250.18 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -11.01% down in year-to-date price movement.