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

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

LM Funding America Price Performance

Shares of LMFA opened at $2.65 on Friday. The stock has a 50 day moving average price of $2.73 and a 200 day moving average price of $3.30. LM Funding America has a one year low of $1.63 and a one year 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 stock has a market capitalization 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.