The trading price of LM Funding America, Inc. (NASDAQ:LMFA) closed higher on Friday, Feb 19, closing at $1.83, 6.56% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.8300 and $2.1800. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 1.23. In examining the 52-week price action we see that the stock hit a 52-week high of $4.89 and a 52-week low of $0.3. Over the past month, the stock has gained 14.71% in value.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of LM Funding America, Inc. no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest LMFA has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
To see how LM Funding America, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: LMFA stock’s performance was +6.56% in the latest trading, and +121.59% in the past year, while American Express Company (AXP) has traded +2.51% on the day and positioned -3.57% lower than it was a year ago. Another comparable company Moody’s Corp (MCO) saw its stock close 0.59% higher in the most recent trading session but was up +0.56% in a year. Furthermore, XP Inc Cl A (XP) showed an increase of 6.56% on the day while its price kept rising at 121.59% over the past year. LM Funding America, Inc. has a P/E ratio of 0, compared to American Express Company’s 34.97 and Moody’s Corp’s 29.85. Also in last trading session, the S&P 500 Index has soared -0.19%, while the Dow Jones Industrial also saw a negative seesion, down 0% on the day.
An evaluation of the daily trading volume of LM Funding America, Inc. (NASDAQ:LMFA) indicates that the 3-month average is 13.84 Million. However, this figure has increased over the past 10 days to an average of 3.52 Million.
Currently, records show that 26.52 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 22.73% of outstanding shares, whereas institutions hold 22.3%. The stats also highlight that short interest as of January 28, 2021, stood at 1.4 Million shares, resulting in a short ratio of 0.04 at that time. From this, we can conclude that short interest is 5.27% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 522.93 Million. However, since the stock’s price has seen +191.04% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.