LongFin stock: buy or sell?
June 26th, 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?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.
|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?
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
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%.
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%).
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 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. 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
|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 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:
|Market cap||$50.3 M||$2.5 B||$3.4 B|
|Total shares||44.5 M||60.4 M||69.7 M|
|Float shares||34.5 M||16.1 M||71.9 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, June 26th, 2019|
|Day range||$0.70 - $1.33|
|Average true range||$0.28|
|50d mov avg||$1.28|
|100d mov avg||$1.13|
|200d mov avg||$1.85|
LongFin performanceStocks 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: