LongFin stock: buy or sell?
September 18th, 2019
Longfin Corp. operates as an independent finance and technology company in the United States and internationally. The company specializes in structured trade finance solutions and physical commodities finance solutions for finance houses and trading platforms.
Should I buy LongFin stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, LongFin stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is LongFin stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't detect any rating for LFIN stock for the last 30 days.
LongFin stock analysis
LongFin shares gained 1.47% to $0.69 on Sep 18th.
LongFin closed on Sep/18 at $0.69 and gained a fine 1.47%. Since price and SMA100d lines crossed down on July, LFIN fell $-0.61 per share (-46.92%).
Shares of LongFin closed this week at $0.69 and remained steady a tight 0.00%. Early September LFIN plummed a chilling -25.00% in just one week. Late July LFIN rocketed an extraordinary 20.00% in just one week.
LongFin stock price history
LongFin stock went public on December 13th, 2017 with a price of $6.941. Since then, LFIN stock declined a -90.10%, with a yearly average of -90.10%.
1: Adjusted price after possible price splits or reverse-splits.
LongFin stock historical price chart
LFIN stock reached 52-week highs at $11.13, and all-time highs 2017-12-18 with a price of 142.82.
LongFin stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for LongFin stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
LongFin ownershipWhen you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For LongFin, 89.24% of all outstanding shares are owned by its staff.
In case of LongFin stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for LFIN stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to LongFin:
|Market cap||$30.7 M||$1.8 B||$4.1 B|
|Total shares||44.5 M||60.1 M||75.8 M|
|Float shares||34.5 M||11.8 M||74.9 M|
|- Institutional holdings (%)||0.0%||56.3%||68.3%|
|- Insider holdings (%)||89.2%||26.5%||1.3%|
|Shares in short selling||0.0%||0.0%||0.0%|
|Wednesday, September 18th, 2019|
|Day range||$0.69 - $0.69|
|Average true range||$0.17|
|50d mov avg||$0.90|
|100d mov avg||$1.16|
|200d mov avg||$1.17|
LongFin performanceTo measure stock performance is always good to benchmark with competitors or related stocks. For LongFin, the benchmark is made against Noah and Oaktree Capital.