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 $22.00, down 0.91% from the previous day, and has increased 4.1% in one year. It has underperformed other stocks in the Asset Management industry by 0.09 percentage points. Logan Ridge Finance stock is currently +18.74% from its 52-week low of $18.53, and -6.92% from its 52-week high of $23.63.
At the moment, there are 2.68M shares of LRFC outstanding. The market value of LRFC is $58.91M. In the past 24 hours, 996 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 Zen 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 0.66x, relative to Asset Management industry P/B ratio of 2.31x
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 -80.6% to -12.3% in the past year.
Failed Health Checks:
- LRFC earnings of $5.85M is not enough to cover its interest payments.
- LRFC has a relatively high debt to equity ratio of 1.21.
- LRFC's operating cash flow of $16.83M allows it to safely service it's debt of $101.52M.
LRFC Technical Indicators
Is LRFC Making Money?
Last year, LRFC revenue was $20.18M. In the past five year, LRFC's revenue has increased by -15.66% per year. This was slower than the Asset Management industry average of 20.47%.
Dig into LRFC's earnings and revenue performance here.
Latest Insiders Trades at LRFC
Over the past year, executives and large shareholders at LRFC have not bought or sold any shares.
Learn more about who owns LRFC stock here.
Can I rely on LRFC as an income stream?
Logan Ridge Finance pays a dividend of 5%, compared to the Asset Management industry's average dividend yield of 6.88%. If you owned $1,000 worth of LRFC stock, you would have been paid $50.01 in the past year.
Logan Ridge Finance dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Logan Ridge Finance dividend yield and history here.
Get opinions from other investors
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Step 5: Execute your LRFC trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Click the Open button and your broker will place the order.
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Step 6: Monitor your investment in LRFC
Now that you own some LRFC shares, you'll want to keep up with your company.
Start a watchlist to get the latest updates about your LRFC stock.
LRFC Feed
How to Buy Stock in Logan Ridge Finance
To summarize, here are the 6 steps you need to take to buy Logan Ridge Finance stock right now:
- 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 updates on your new investment in Logan Ridge Finance, create a watchlist today.
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