How to Buy Logan Ridge Finance Stock
Logan Ridge Finance Corp
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies.
Logan Ridge Finance stock last closed at $18.18, up 0.85% from the previous day, and has decreased 17.93% in one year. It has underperformed other stocks in the Asset Management industry by 0.06 percentage points. Logan Ridge Finance stock is currently +5.08% from its 52-week low of $17.30, and -30.08% from its 52-week high of $26.00.
At the moment, there are 2.66M shares of LRFC outstanding. The market value of LRFC is $48.28M. In the past 24 hours, 1075 LRFC shares were traded.
How to Buy Logan Ridge Finance Stock
Wondering how to invest in Logan Ridge Finance stock? Here's how.
- Figure out where to buy Logan Ridge Finance stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Logan Ridge Finance stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your info.
- Evaluate Logan Ridge Finance stock: The Logan Ridge Finance ticker symbol is LRFC. Is Logan Ridge Finance stock a good investment? Should you buy shares of LRFC? How do LRFC's underlying business fundamentals look? Do top analysts think Logan Ridge Finance is a good buy? Why has LRFC's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if LRFC is a good stock to buy).
- Execute your LRFC trade: Decide if you will purchase LRFC shares at the current market price or use a limit order to purchase LRFC stock at a specific price.
- Monitor your investment in LRFC: Create a watchlist to important notifications about your investment in Logan Ridge Finance shares.
Step 1: Figure out where to buy Logan Ridge Finance stock
You will need an online brokerage account in order to access the NASDAQ market and buy LRFC shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy LRFC stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you have created your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Logan Ridge Finance stock
Once you have chosen the best place to buy Logan Ridge Finance stock, it's crucial to research their stock before you buy, so you actually understand the risk and opportunity.
Overview of key LRFC info
LRFC Due Diligence Score
WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LRFC's stock page.
What is the fair value of LRFC stock?
Investors use many financial metrics, analyses, models, and charts to gauge LRFC's true value.
Using relative valuations methods:
- LRFC could be undervalued based on its P/B ratio of 0.57x, relative to Asset Management industry P/B ratio of 2.43x
You can do more valuation research on LRFC's stock here.
LRFC Financial Health Overview
Passed Health Checks:
- Total LRFC debt is lower than 5 years ago, relative to shareholder equity.
- LRFC profit margin has gone up from -12.3% to -0.1% in the past year.
Failed Health Checks:
- LRFC earnings of $8.40M is not enough to cover its interest payments.
- LRFC has a relatively high debt to equity ratio of 1.26.
- LRFC's operating cash flow of $13.94M allows it to safely service it's debt of $103.97M.
You can dig deeper into what analysts are projecting on the Logan Ridge Finance stock forecast page.
LRFC Technical Indicators
How are LRFC Revenues/Earnings doing?
Last year, LRFC revenue was $20.92M. During the last 5 year, LRFC's revenue has gone up by -13.83% per year. This was slower than the Asset Management industry average of 16.64%.
Dig into LRFC's earnings and revenue performance here.
Are LRFC executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at LRFC have not bought or sold any shares.
Get more info about who owns LRFC stock here.
Does LRFC stock generate passive income?
Logan Ridge Finance pays a dividend of 7.59%, compared to the Asset Management industry's average dividend yield of 7.01%. If you owned $1,000 of LRFC stock, you would have been paid $75.91 last year.
Logan Ridge Finance dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Logan Ridge Finance dividend yield and history here.
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Step 5: Execute your LRFC trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Hit the Open button and eToro will place the order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in LRFC
Now that you own some LRFC stock, you'll want to keep up with your new shares.
Add LRFC to a watchlist to keep tabs on your LRFC stock.
LRFC Feed
How to Buy Stock in Logan Ridge Finance
To reiterate, here are the 6 steps to buy stock in Logan Ridge Finance:
- Figure out where to buy Logan Ridge Finance stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Logan Ridge Finance stock
- Execute your LRFC trade
- Monitor your investment in LRFC
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Logan Ridge Finance, create a watchlist today.
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