LM Funding America Inc (NASDAQ:LMFA) does about 107.04K shares in volume on a normal day but saw 50668744 shares change hands in the recent trading day. The company now has a market cap of 13.65M USD. Its current market price is $2.66, marking an increase of 9.92% compared to the previous close of $2.42. The 52 week high reached by this stock is $5.35 whilst the lowest price level in 52 weeks is $1.02.
LM Funding America Inc (LMFA) has a 20-day trading average at $2.21 and the current price is -50.28% off the 52-week high compared with 160.27% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.94 and its 200-day simple moving average is $2.10. If we look at the stock’s price movements over the week, volatility stands at 15.66%, which decreases to 12.89% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.45 to suggest the stock is neutral.
The consensus objective for the share price is $4.50, suggesting that the stock has a potential upside of 40.89% over the period.
The current price level is 20.43%, 36.84%, and 26.53% away from its SMA20, SMA50, and SMA200 respectively, with the LMFA price moving below the 50-day SMA on current market day. LM Funding America Inc (LMFA) stock is up 0.38% over the week and 40.74% over the past month. Its price is -35.28% year-to-date and 23.72% over the past year.
To reach the target analysts have set, the stock logically needs to grow 40.89 percent from here.
Outstanding shares total 5.13M with insiders holding 11.12% of the shares and institutional holders owning 9.03% of the company’s common stock. The company has a return on investment of -54.03% and return on equity of -40.46%. The beta has a value of 1.60. Price to book ratio is 0.43 and price to sales ratio is 1.58.
