On Monday, LM Funding America Inc (NASDAQ: LMFA) opened higher 7.63% from the last session, before settling in for the closing price of $1.31. Price fluctuations for LMFA have ranged from $1.02 to $5.14 over the past 52 weeks.
Annual sales at Financial sector company grew by 29.46% over the past five years. 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 Updates
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) Performance Highlights and Predictions
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 2.90.
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)
LM Funding America Inc (NASDAQ: LMFA) saw its 5-day average volume 0.83 million, a positive change from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 87.40%.
During the past 100 days, LM Funding America Inc’s (LMFA) raw stochastic average was set at 9.14%, which indicates a significant decrease from 94.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0865 in the past 14 days, which was lower than the 0.2487 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5384, while its 200-day Moving Average is $1.7972. Nevertheless, the first resistance level for the watch stands at $1.4733 in the near term. At $1.5367, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6433. If the price goes on to break the first support level at $1.3033, it is likely to go to the next support level at $1.1967. Assuming the price breaks the second support level, the third support level stands at $1.1333.
LM Funding America Inc (NASDAQ: LMFA) Key Stats
There are currently 15,518K shares outstanding in the company with a market cap of 21.88 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.
