Media headlines about Asta Funding (NASDAQ:ASFI) have trended positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Asta Funding earned a daily sentiment score of 0.38 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.7844938024443 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Asta Funding (NASDAQ ASFI) traded down 0.64% during mid-day trading on Monday, hitting $7.75. The stock had a trading volume of 4,362 shares. The company’s market cap is $51.33 million. The company has a 50 day moving average price of $7.62 and a 200-day moving average price of $7.67. Asta Funding has a one year low of $6.15 and a one year high of $10.85.
Asta Funding (NASDAQ:ASFI) last announced its quarterly earnings results on Wednesday, August 9th. The business services provider reported $0.27 earnings per share for the quarter. The business had revenue of $14.78 million for the quarter. Asta Funding had a net margin of 0.59% and a return on equity of 0.20%. Equities analysts expect that Asta Funding will post $0.73 earnings per share for the current fiscal year.
Separately, TheStreet raised Asta Funding from a “d+” rating to a “c” rating in a research report on Monday, August 28th.
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Asta Funding Company Profile
Asta Funding, Inc is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables.
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