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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 $22.43, up 0% from the previous day, and has increased 11.93% in one year. It has overperformed other stocks in the Asset Management industry by 0.06 percentage points. Logan Ridge Finance stock is currently +14.15% from its 52-week low of $19.65, and -5.09% 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 $60.02M. In the past 24 hours, 188 LRFC shares were traded.

How to Buy Logan Ridge Finance Stock

Wondering how to invest in Logan Ridge Finance stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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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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.

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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 Price
$22.43
1w %
0.4%
1y %
11.93%
5y %
-59.54%
P/E
N/A
P/B
0.67x
P/S
3.02x
PEG
N/A
Revenue
$19.92M
Earnings
$19.00k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$60.02M
Next Earnings
Jun 25, 2024
Next Dividend
N/A

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 0.67x, relative to Asset Management industry P/B ratio of 2.38x

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 -70.1% to 0.1% in the past year.

Failed Health Checks:

  • LRFC earnings of $8.29M is not enough to cover its interest payments.
  • LRFC has a relatively high debt to equity ratio of 1.37.
  • LRFC's operating cash flow of $9.11M allows it to safely service it's debt of $114.14M.

You can dig deeper into what analysts are projecting on the Logan Ridge Finance stock forecast page.

LRFC Technical Indicators

SMA10
22.35
SMA20
22.37
SMA50
22.29
SMA100
22.37
SMA200
22.04
MACD
0.01
MACD Signal
0
MACD Histogram
0
RSI
53.66
Stochastic %K
96.76
Stochastic %D
89.12
StochRSI %K
94.84
StochRSI %D
78.61

How are LRFC Revenues/Earnings doing?

Last year, LRFC earnings were $19.00k. During the last 3 year, LRFC's earnings have gone up by -100% per year. This was slower than the Asset Management industry average of 21.17%.

Last year, LRFC revenue was $19.92M. In the last five year, LRFC's revenue has grown by -15.92% per year. This was slower than the Asset Management industry average of 22.44%.

Find out more about LRFC's earnings and revenue performance here.

Who is buying/selling LRFC?

In the last year, insiders at LRFC have not bought or sold any shares.

Dig into more about who owns LRFC shares here.

Can I get consistent income from LRFC stock?

Logan Ridge Finance pays a dividend of 5.39%, compared to the Asset Management industry's average dividend yield of 6.74%. If you owned $1,000 worth of LRFC stock, you would have received $53.95 in the past 12 months.

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

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.

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Step 6: Monitor your investment in LRFC

Now that you own some LRFC stock, you'll want to stay up-to-date on your new company.

Create a watchlist to get the latest updates about your LRFC stock.

LRFC Feed

How to Buy Stock in Logan Ridge Finance

To reiterate, here are the 6 steps to buy Logan Ridge Finance stock:

  1. Figure out where to buy Logan Ridge Finance stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Logan Ridge Finance stock
  5. Execute your LRFC trade
  6. Monitor your investment in LRFC

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If you want to get notifications regarding your new investment in Logan Ridge Finance, create a watchlist today.

NASDAQ: LRFC
$22.43+0.00 (+0%)
Updated Jun 20, 2024
Open eToro Account
NASDAQ: LRFC
$22.43+0.00 (+0%)
Updated Jun 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Logan Ridge Finance share?

As of Jun 20, 2024, it costs $22.43 to buy one share of Logan Ridge Finance stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.446 shares of LRFC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Logan Ridge Finance stock?

One way to place an order for Logan Ridge Finance stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.