LM Funding America (NASDAQ:LMFA) Shares Gap Down to $2.45
LM Funding America, Inc. (NASDAQ:LMFA)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $2.45, but opened at $2.28. LM Funding America shares last traded at $1.91, with a volume of 146,723 shares.
Separately, ValuEngine lowered shares of LM Funding America from a “hold” rating to a “sell” rating in a report on Saturday, January 9th.
The stock’s fifty day moving average price is $0.87 and its 200-day moving average price is $0.88. The company has a current ratio of 17.05, a quick ratio of 17.05 and a debt-to-equity ratio of 0.03.
LM Funding America Company Profile (NASDAQ:LMFA)
LM Funding America, Inc, through its subsidiary, LM Funding, LLC, operates as a specialty finance company. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. The company offers funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments.
Further Reading: What Are Treasury Bonds?
Receive News & Ratings for LM Funding America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LM Funding America and related companies with MarketBeat.com's FREE daily email newsletter.