Looking To Buy LM Funding America Inc. (LMFA)? Read This First

LM Funding America Inc. (NASDAQ:LMFA) saw an upside of 10.51% to close Friday at $4.52 after adding $0.43 on the day. The 5-day average trading volume is 257,300 shares of the company’s common stock. It has gained $4.74 in the past week and touched a new high 2 times within the past 5 days. An average of 345,280 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 842,330.

LMFA’s 1-month performance is -10.50% or -$0.53 on its low of $3.91 reached on 09/29/21. The company’s shares have touched a 52-week low of $2.64 and high of $18.50, with the stock’s rally to the 52-week high happening on 01/11/21. YTD, LMFA has achieved 34.93% or $1.17 and has reached a new high 6 times. However, the current price is down -75.57%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 4.177 and a low of 2.787. LMFA stock has a beta of 1.21. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.60 while the price-to-book (PB) in the most recent quarter is 0.67.

LM Funding America Inc.’s quick ratio for the recent quarter was 52.20, with the current ratio over the same period at 52.20 meaning that LMFA stock is able to fulfill its debt obligations. As well, the company’s total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 89.10% while LM Funding America Inc.’s operating margin was 59.30%. The firm’s gross profit as reported stood at $5.32 million against revenue of $1.26 million.

The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. LM Funding America Inc.’s return on assets over the past 12 months stands at 55.80%, while its return on equity (ROE) trailing 12 months is 58.40%. In comparison, the average ROE for the broader industry over the past year is 4.95.

Earnings Surprise

LM Funding America Inc.’s cash and short-term investments amounted to $0.25 million against total debt of $0.12 million. Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than -$0.29 million. LMFA stock balance sheet for the recent quarter shows that total liabilities totaled 0.61 million, with total debt at $0.12 million. Shareholders hold equity totaling $5.41 million

Technical Picture

Let’s look briefly at LM Funding America Inc. (LMFA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 56.26% to suggest the stock is trending Neutral, with historical volatility in this time period at 68.87%.

The stock’s 5-day moving average is $4.20, reflecting a +6.60% or $0.28 change from its current price. LMFA is currently trading -10.67% above its 20-day SMA, +21.18% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +15.90% and +42.38% respectively.

Stochastic %K and %D was 29.17% and 23.37% and the average true range (ATR) pointed at 0.33. The RSI (14) points at 51.93%, while the 14-day stochastic is at 63.54% with the period’s ATR at 0.33. The stock’s 9-day MACD Oscillator is pointing at 0.02 and -0.06 on the 14-day charts.

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