LM Funding America (NASDAQ:LMFA) Shares Up 0.7% – Time to Buy?

LM Funding America, Inc. (NASDAQ:LMFA) shares were up 0.7% on Friday . The company traded as high as $3.08 and last traded at $2.95. Approximately 177,481 shares were traded during mid-day trading, an increase of 42% from the average daily volume of 124,803 shares. The stock had previously closed at $2.93.

Analyst Ratings Changes

Separately, HC Wainwright restated a “neutral” rating on shares of LM Funding America in a report on Friday, November 15th.

LM Funding America Stock Up 0.7 %

The stock has a market capitalization of $10.03 million, a price-to-earnings ratio of -0.60 and a beta of 1.35. The firm has a 50-day moving average of $2.84 and a 200 day moving average of $3.34. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.17.

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.