LM Funding America (NASDAQ:LMFA) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

LM Funding America (NASDAQ:LMFA) posted its earnings results on Monday. The financial services provider reported ($1.68) EPS for the quarter, missing analysts’ consensus estimates of ($1.67) by ($0.01), Zacks reports. LM Funding America had a negative net margin of 96.23% and a negative return on equity of 35.84%.

LM Funding America Stock Down 8.9 %

LM Funding America stock opened at $1.33 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.65 and a quick ratio of 3.65. The stock has a market capitalization of $6.83 million, a PE ratio of -0.27 and a beta of 1.55. The business has a 50 day simple moving average of $1.69 and a 200-day simple moving average of $2.31. LM Funding America has a 12 month low of $1.20 and a 12 month high of $6.11.

About LM Funding America

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.