LM Funding America, Inc. (NASDAQ:LMFA) shares, dropped in value on Wednesday, Jan 13, with the stock price down by -5.08% to the previous day’s close as weak demand from buyers trailed the stock to $1.87.

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Actively observing the price movement in the last trading, the stock closed the session at $1.97, falling within a range of $1.6700 and $1.9700. The value of beta (5-year monthly) was 1.73 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $4.89, and the low was $0.3. On the whole, LMFA has fluctuated by 187.25% over the past month.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that LMFA’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Buy.

A comparison of LM Funding America, Inc. (LMFA) with its peers suggests the former has fared considerably weaker in the market. LMFA showed an intraday change of -5.08% in last session, and over the past year, it grew by +130.89%. In comparison, American Express Company (AXP) has moved higher at +0.64% on the day and was down -4.97% over the past 12 months. On the other hand, the price of Moody’s Corp (MCO) has risen 0.07% on the day. The stock, however, is off 9.95% from where it was a year ago. Additionally, there is a decline of -508% for XP Inc Cl A (XP) in last trading while the stock has seen an overall apprecation of 130.89% over the past year. The PE ratio stands at 0 for LM Funding America, Inc., compared to 30.22 for American Express Company, and 28.52 for Moody’s Corp. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.23%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.

Data on historical trading for LM Funding America, Inc. (NASDAQ:LMFA) indicates that the trading volumes over the past 10 days have averaged 72.05 Million and over the past 3 months, they’ve averaged 8.95 Million. According to company’s latest data on outstanding shares, there are 15.4 Million shares outstanding.

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Nearly 22.73% of LM Funding America, Inc.’s shares belong to company insiders and institutional investors own 22.3% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 522.93 Million shares as on December 30, 2020, resulting in a short ratio of 0.36. According to the data, the short interest in LM Funding America, Inc. (LMFA) stood at 3.4% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 156.07 Million. The stock has risen by +179.1% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LMFA stock heading into the next quarter.

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