LM Funding America Inc (LMFA) Stock: A Closer Look

A share price of LM Funding America Inc [LMFA] is currently trading at $0.54, up 0.88%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LMFA shares have gain 6.01% over the last week, with a monthly amount glided 2.00%, and seem to be holding up well over a long-time horizon.

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On 15, February 2024, LM Funding America, Inc. Provides Monthly Operational and Bitcoin Mining Update for Month Ended January 31, 2024. In a post published today on Yahoo Finance, Total Bitcoin holdings increase to approximately 126.8 BTC, or approximately $5.4 million based on an estimated January 31, 2024, BTC price of $42,500.

From an analyst’s perspective:

LM Funding America Inc experienced fluctuations in its stock price throughout the past year between $0.27 and $1.41. LM Funding America Inc [NASDAQ: LMFA] shares were valued at $0.54 at the most recent close of the market.

Analyzing the LMFA fundamentals

Trailing Twelve Months sales for LM Funding America Inc [NASDAQ:LMFA] were 10.05M which represents 1721.97% growth. Gross Profit Margin for this corporation currently stands at 2.19% with Operating Profit Margin at 5.83%, Pretax Profit Margin comes in at 6.89%, and Net Profit Margin reading is 6.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.94, Equity is -0.84 and Total Capital is -0.92. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4944 points at the first support level, and at 0.4492 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6124, and for the 2nd resistance point, it is at 0.6852.

LM Funding America Inc [LMFA] reported earnings per share of -$0.41 for its fiscal quarter that ended on 3/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.48/share, meaning a difference of $0.07 and a surprise factor of 14.60%. By comparison, the stated earnings for the previous quarter ended on 12/30/2022 were -$1.51 per share as compared to estimates of -$0.45 per share, a difference of -$1.06 representing a surprise of -235.60%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 0.21.

Transactions by insiders

Recent insider trading involved Duran Ryan H, Vice President of Operations, that happened on Feb 14 when 3000.0 shares were sold. Vice President of Operations, Duran Ryan H completed a deal on Jan 31 to sell 3000.0 shares. Meanwhile, Vice President of Operations Duran Ryan H sold 3000.0 shares on Jan 17.

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