LM Funding America Inc. (NASDAQ:LMFA) price on Friday, August 06, fall -1.54% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.48.
A look at the stock’s price movement, the close in the last trading session was $4.55, moving within a range at $4.42 and $4.6899. The beta value (5-Year monthly) was 1.16. Turning to its 52-week performance, $18.50 and $2.42 were the 52-week high and 52-week low respectively. Overall, LMFA moved -20.71% over the past month.
LM Funding America Inc.’s market cap currently stands at around $23.16 million, with investors looking forward to this quarter’s earnings report slated for May 14, 2021.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that LMFA is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
LMFA’s current price about 6.30% and 2.31% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.57, while 7-day volatility ratio is 7.44% and 11.33% in the 30-day chart. Further, LM Funding America Inc. (LMFA) has a beta value of 1.14, and an average true range (ATR) of 0.49.
In the market, a comparison of LM Funding America Inc. (LMFA) and its peers suggest the former has performed considerably weaker. Data shows LMFA’s intraday price has changed -1.54% in last session and -36.00% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.17% and 0.41% respectively in the last trading.
If we refocus on LM Funding America Inc. (NASDAQ:LMFA), historical trading data shows that trading volumes averaged 0.5 million over the past 10 days and 1.61 million over the past 3 months. The company’s latest data on shares outstanding shows there are 5.05 million shares.
The 7.95% of LM Funding America Inc.’s shares are in the hands of company insiders while institutional holders own 12.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.29 million on May 27, 2021, giving us a short ratio of 0.36. The data shows that as of May 27, 2021 short interest in LM Funding America Inc. (LMFA) stood at 5.34% of shares outstanding, with shares short rising to 73660.0 registered in Apr 29, 2021. Current price change has pushed the stock 33.73% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LMFA stock continues to rise going into the next quarter.