HC Wainwright Reiterates “Neutral” Rating for LM Funding America (NASDAQ:LMFA)

LM Funding America (NASDAQ:LMFA)‘s stock had its “neutral” rating restated by equities research analysts at HC Wainwright in a research note issued to investors on Friday,Benzinga reports.

LM Funding America Price Performance

NASDAQ LMFA opened at $2.65 on Friday. LM Funding America has a 12 month low of $1.63 and a 12 month high of $6.11. The company has a market capitalization of $7.44 million, a P/E ratio of -0.54 and a beta of 1.35. The company’s 50 day simple moving average is $2.72 and its 200 day simple moving average is $3.30.

LM Funding America (NASDAQ:LMFA) last announced its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($1.65) EPS for the quarter, missing the consensus estimate of ($0.85) by ($0.80). The firm had revenue of $3.01 million during the quarter, compared to the consensus estimate of $3.10 million. LM Funding America had a negative net margin of 96.23% and a negative return on equity of 34.31%. On average, analysts anticipate that LM Funding America will post -4.45 earnings per share for the current year.

LM Funding America Company Profile

LM Funding America, Inc operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. The company was founded in 2008 and is based in Tampa, Florida.