HC Wainwright Reaffirms Neutral Rating for LM Funding America (NASDAQ:LMFA)

HC Wainwright reaffirmed their neutral rating on shares of LM Funding America (NASDAQ:LMFA) in a research note issued to investors on Friday,Benzinga reports.

LM Funding America Trading Up 1.9 %

LM Funding America stock opened at $2.70 on Friday. LM Funding America has a 52 week low of $1.63 and a 52 week high of $6.11. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.70 and a current ratio of 3.65. The firm has a market capitalization of $9.18 million, a price-to-earnings ratio of -0.53 and a beta of 1.35. The company has a 50 day moving average price of $2.73 and a 200 day moving average price of $3.31.

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.