LM Funding America’s (LMFA) Neutral Rating Reiterated at HC Wainwright

HC Wainwright restated their neutral rating on shares of LM Funding America (NASDAQ:LMFA) in a research report sent to investors on Friday morning,Benzinga reports.

LM Funding America Stock Performance

Shares of LMFA stock opened at $2.65 on Friday. The company has a current ratio of 3.65, a quick ratio of 3.70 and a debt-to-equity ratio of 0.17. LM Funding America has a twelve month low of $1.63 and a twelve month high of $6.11. The company’s 50-day moving average price is $2.73 and its 200-day moving average price is $3.30. The stock has a market cap of $9.01 million, a price-to-earnings ratio of -0.54 and a beta of 1.35.

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.