Asta Funding (NASDAQ:ASFI) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.
Separately, TheStreet upgraded shares of Asta Funding from a “d+” rating to a “c” rating in a report on Monday, August 28th.
Shares of Asta Funding (ASFI) traded up $0.65 during midday trading on Friday, hitting $7.75. 10,394 shares of the stock were exchanged, compared to its average volume of 6,394. The stock has a market capitalization of $49.68, a P/E ratio of 375.00 and a beta of 0.38. Asta Funding has a 1-year low of $6.15 and a 1-year high of $10.35.
About Asta Funding
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Asta Funding Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asta Funding Inc. and related companies with MarketBeat.com's FREE daily email newsletter.