News stories about Asta Funding (NASDAQ:ASFI) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Asta Funding earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.763864418602 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several brokerages have weighed in on ASFI. TheStreet downgraded Asta Funding from a “c” rating to a “d+” rating in a report on Wednesday, December 13th. ValuEngine upgraded Asta Funding from a “hold” rating to a “buy” rating in a report on Friday, December 1st.
Shares of Asta Funding (NASDAQ:ASFI) traded up $0.25 during midday trading on Thursday, reaching $7.35. The company’s stock had a trading volume of 600 shares, compared to its average volume of 1,550. Asta Funding has a 12 month low of $6.15 and a 12 month high of $10.35. The stock has a market cap of $47.03, a P/E ratio of 367.50 and a beta of 0.38.
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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