LM Funding America Inc (NASDAQ: LMFA)’s stock price has gone rise by 14.38 in comparison to its previous close of 3.20, however, the company has experienced a 26.21% increase in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-25 that TAMPA, FL, March 25, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Monday, April 1, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended December 31, 2023, and provide a business update.
Is It Worth Investing in LM Funding America Inc (NASDAQ: LMFA) Right Now?
Company’s 36-month beta value is 1.10.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LMFA is 2.00M, and currently, short sellers hold a 7.99% ratio of that floaft. The average trading volume of LMFA on April 01, 2024 was 163.95K shares.
LMFA’s Market Performance
The stock of LM Funding America Inc (LMFA) has seen a 26.21% increase in the past week, with a 13.05% rise in the past month, and a -33.33% fall in the past quarter. The volatility ratio for the week is 12.28%, and the volatility levels for the past 30 days are at 13.23% for LMFA. The simple moving average for the past 20 days is 20.15% for LMFA’s stock, with a 13.57% simple moving average for the past 200 days.
LMFA Trading at 22.24% from the 50-Day Moving Average
After a stumble in the market that brought LMFA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.47% of loss for the given period.
Volatility was left at 13.23%, however, over the last 30 days, the volatility rate increased by 12.28%, as shares surge +6.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.87% upper at present.
During the last 5 trading sessions, LMFA rose by +26.21%, which changed the moving average for the period of 200-days by -17.55% in comparison to the 20-day moving average, which settled at $3.06. In addition, LM Funding America Inc saw -1.05% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LMFA starting from Duran Ryan H, who sale 500 shares at the price of $2.92 back on Mar 27 ’24. After this action, Duran Ryan H now owns 22,318 shares of LM Funding America Inc, valued at $1,461 using the latest closing price.
Duran Ryan H, the Vice President of Operations of LM Funding America Inc, sale 500 shares at $3.26 during a trade that took place back on Mar 13 ’24, which means that Duran Ryan H is holding 22,818 shares at $1,630 based on the most recent closing price.
Stock Fundamentals for LMFA
Current profitability levels for the company are sitting at:
- 5.83 for the present operating margin
- 2.19 for the gross margin
The net margin for LM Funding America Inc stands at 6.36. The total capital return value is set at -0.92. Equity return is now at value -68.42, with -64.00 for asset returns.
Based on LM Funding America Inc (LMFA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -35.35. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -7484.64.
Currently, EBITDA for the company is -27.32 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of -1.54. The receivables turnover for the company is -2.22for trailing twelve months and the total asset turnover is -0.15.
Conclusion
In a nutshell, LM Funding America Inc (LMFA) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
