LongFin stock: buy or sell?

LFIN stock price: $0.69 1.47% At close on September 18th, 2019

Updated on:
September 18th, 2019

0

LongFin gained a fine 1.47% and closed at $0.69. On Sep/10 LFIN boosted an amazing 6.85%. On Sep 11th LFIN plunged a scary -5.80%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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%).

LFIN stock chart (daily)

Weekly outlook

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.

LFIN stock chart (weekly)

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 target

Predicting 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

LFIN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
0000-Q1-n/an/an/a
0000-Q2-n/an/an/a
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a

LongFin ownership

When 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:

LFINNOAHOAK
Market cap$30.7 M$1.8 B$4.1 B
Total shares44.5 M60.1 M75.8 M
Float shares34.5 M11.8 M74.9 M
  - Institutional holdings (%)0.0%56.3%68.3%
  - Insider holdings (%)89.2%26.5%1.3%
Shares in short selling0.0%0.0%0.0%

LongFin summary

Wednesday, September 18th, 2019
Open$0.69
Close$0.69
Day range$0.69 - $0.69
Previous close$0.68
Session gain1.47%
Average true range$0.17
50d mov avg$0.90
100d mov avg$1.16
200d mov avg$1.17
Daily patternlt03a
Weekly pattern lt03a

LongFin performance

To measure stock performance is always good to benchmark with competitors or related stocks. For LongFin, the benchmark is made against Noah and Oaktree Capital.
Stock3m6m12m
LFINLongFin-18.82%-49.64%-80.00%
NOAHNoah-25.51%-31.61%-27.27%
OAKOaktree Capital8.22%11.71%36.03%

LongFin competitors

Creating a list of competitors for LongFin it's difficult. We selected 2 public companies that are related to and can be considered as competitors of LongFin: