LongFin stock: buy or sell?

LFIN stock price: $1.13 46.75% At close on June 26th, 2019

Updated on:
June 26th, 2019

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LongFin crossed up the SMA line of 100d today and closed at $1.13, rocketed a 46.75%. On Jun/24 LFIN plummed a frightening -10.39%.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

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?

Financial institutions and banks post 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 crossed up the SMA line of 100d today and closed at $1.13, rocketed a 46.75%.

LongFin broke up the simple moving average line of 100 days today and closed at $1.13. Since SMA50d and SMA100d crossed up on April, LFIN price slid a -31.52%.

LFIN stock chart (daily)

Weekly outlook

LongFin ended this week at $1.13 and boosted a dazzling 32.94%. Early June LFIN plunged a dreadful -69.57% in just one week.

LongFin stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, LFIN might consolidate in a flat-base, waiting to break out over or down under . Since SMA20d and SMA40w crossed up this week, LFIN price climbed $0.28 per share (32.94%). Since late May, when LFIN stock price broke down the 20-weeks moving avarage line, it slid $-0.06 per share (-5.04%).

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 sliced a -83.70%, with a yearly average of -83.70%.

1: Adjusted price after possible price splits or reverse-splits.

LongFin stock historical price chart

LFIN stock reached 52-week highs at $28.82, 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. You should not follow the analysts' LFIN stock price predictions in the hope that they will be met as they may be wrong and not met. 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 check 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$50.3 M$2.5 B$3.4 B
Total shares44.5 M60.4 M69.7 M
Float shares34.5 M16.1 M71.9 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, June 26th, 2019
Open$0.70
Close$1.13
Day range$0.70 - $1.33
Previous close$0.77
Session gain46.75%
Average true range$0.28
50d mov avg$1.28
100d mov avg$1.13
200d mov avg$1.85
Daily patternlt02a
Weekly pattern lt06a

LongFin performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared LongFin against Noah and Oaktree Capital in the following table:
Stock3m6m12m
LFINLongFin-16.30%126.00%-87.01%
NOAHNoah-15.70%-6.39%-21.67%
OAKOaktree Capital1.60%22.89%30.14%

LongFin competitors

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