Daily Market Movement: LM Funding America Inc (LMFA) Sees a -10.05% Decrease, Closing at $0.53

Nora Barnes

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of LM Funding America Inc (NASDAQ: LMFA) was $0.53 for the day, down -10.05% from the previous closing price of $0.59. In other words, the price has decreased by -$10.05 from its previous closing price. On the day, 0.56 million shares were traded. LMFA stock price reached its highest trading level at $0.6117 during the session, while it also had its lowest trading level at $0.5236.

Ratios:

Our analysis of LMFA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.04.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LMFA now has a Market Capitalization of 6434361 and an Enterprise Value of 13032797. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 1.722.

Stock Price History:

The Beta on a monthly basis for LMFA is 1.83, which has changed by -0.7372197 over the last 52 weeks, in comparison to a change of 0.13153219 over the same period for the S&P500. Over the past 52 weeks, LMFA has reached a high of $5.14, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -45.28%, while the 200-Day Moving Average is calculated to be -65.66%.

Shares Statistics:

LMFA traded an average of 1.02M shares per day over the past three months and 431970 shares per day over the past ten days. A total of 15.52M shares are outstanding, with a floating share count of 9.24M. Insiders hold about 24.29% of the company’s shares, while institutions hold 34.08% stake in the company. Shares short for LMFA as of 1764288000 were 829423 with a Short Ratio of 0.81, compared to 1761868800 on 1011679. Therefore, it implies a Short% of Shares Outstanding of 829423 and a Short% of Float of 33.75.

Earnings Estimates

The performance of LM Funding America Inc (LMFA) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.31, with high estimates of -$0.31 and low estimates of -$0.31.

Analysts are recommending an EPS of between -$1.71 and -$1.71 for the fiscal current year, implying an average EPS of -$1.71. EPS for the following year is -$1.72, with 2.0 analysts recommending between -$1.3 and -$2.14.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. It ranges from a high estimate of $2.8M to a low estimate of $2.8M. As of. The current estimate, LM Funding America Inc’s year-ago sales were $1.99MFor the next quarter, 1 analysts are estimating revenue of $3M. There is a high estimate of $3M for the next quarter, whereas the lowest estimate is $3M.

A total of 1 analysts have provided revenue estimates for LMFA’s current fiscal year. The highest revenue estimate was $9.3M, while the lowest revenue estimate was $9.3M, resulting in an average revenue estimate of $9.3M. In the same quarter a year ago, actual revenue was $11MBased on 2 analysts’ estimates, the company’s revenue will be $10.9M in the next fiscal year. The high estimate is $11.4M and the low estimate is $10.4M.

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