$844.47K in average volume shows that LM Funding America Inc (LMFA) is heading in the right direction

Steve Mayer

On Monday LM Funding America Inc (NASDAQ: LMFA) opened lower -6.54% from the last session, before settling in for the closing price of $1.07. Price fluctuations for LMFA have ranged from $0.89 to $5.14 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 29.46%. Company’s average yearly earnings per share was noted 67.83% at the time writing. With a float of $9.25 million, this company’s outstanding shares have now reached $15.52 million.

LM Funding America Inc (LMFA) Insider Activity

A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of LM Funding America Inc is 40.41%, while institutional ownership is 12.95%. 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

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -2.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -2.36) by 0.17. 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

Check out the current performance indicators for LM Funding America Inc (LMFA). In the past quarter, the stock posted a quick ratio of 3.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06.

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)

Compared to the last year’s volume of 0.82 million, its volume of 4.67 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 53.33%.

During the past 100 days, LM Funding America Inc’s (LMFA) raw stochastic average was set at 2.57%, which indicates a significant decrease from 27.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1096 in the past 14 days, which was lower than the 0.2325 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1828, while its 200-day Moving Average is $1.6873. Nevertheless, the first resistance level for the watch stands at $1.1118 in the near term. At $1.2236, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2872. If the price goes on to break the first support level at $0.9364, it is likely to go to the next support level at $0.8728. Should the price break the second support level, the third support level stands at $0.7610.

LM Funding America Inc (NASDAQ: LMFA) Key Stats

There are currently 15,518K shares outstanding in the company with a market cap of 15.51 million. Presently, the company’s annual sales total 11,000 K according to its annual income of -7,320 K. Last quarter, the company’s sales amounted to 1,930 K and its income totaled 100 K.

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