$1.88M in average volume shows that LM Funding America Inc (LMFA) is heading in the right direction

A new trading day began on Friday, with LM Funding America Inc (NASDAQ: LMFA) stock price down -3.85% from the previous day of trading, before settling in for the closing price of $1.3. LMFA’s price has ranged from $1.02 to $5.14 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 29.46% over the last five years. Meanwhile, its annual earnings per share averaged 67.83%. With a float of $9.06 million, this company’s outstanding shares have now reached $15.20 million.

LM Funding America Inc (LMFA) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of LM Funding America Inc is 33.10%, while institutional ownership is 13.22%. The most recent insider transaction that took place on Dec 18 ’24, was worth 1,290. In this transaction Vice President of Operations of this company sold 500 shares at a rate of $2.58, taking the stock ownership to the 12,818 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Vice President of Operations sold 500 for $2.89, making the entire transaction worth $1,444. This insider now owns 13,318 shares in total.

LM Funding America Inc (LMFA) Earnings and Forecasts

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -2.18 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 67.83% per share during the next fiscal year.

LM Funding America Inc (NASDAQ: LMFA) Trading Performance Indicators

Here are LM Funding America Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.29, a number that is poised to hit -0.40 in the next quarter and is forecasted to reach -1.59 in one year’s time.

Technical Analysis of LM Funding America Inc (LMFA)

Analysing the last 5-days average volume posted by the [LM Funding America Inc, LMFA], we can find that recorded value of 0.32 million was lower than the volume posted last year of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 4.36%.

During the past 100 days, LM Funding America Inc’s (LMFA) raw stochastic average was set at 5.35%, which indicates a significant increase from 1.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1561 in the past 14 days, which was lower than the 0.2680 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.2877, while its 200-day Moving Average is $2.0121. Now, the first resistance to watch is $1.2900. This is followed by the second major resistance level at $1.3300. The third major resistance level sits at $1.3600. If the price goes on to break the first support level at $1.2200, it is likely to go to the next support level at $1.1900. Should the price break the second support level, the third support level stands at $1.1500.

LM Funding America Inc (NASDAQ: LMFA) Key Stats

With a market capitalization of 19.00 million, the company has a total of 15,198K Shares Outstanding. Currently, annual sales are 11,000 K while annual income is -7,320 K. The company’s previous quarter sales were 1,930 K while its latest quarter income was 100 K.

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