LMP Automotive Holdings, Inc (LMPX)

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About LMP Automotive Holdings, Inc

LMP Automotive Holdings, Inc. operates as an e-commerce and facilities-based automotive retailer in the United States. The company offers various products and services fulfilling entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products, and automotive repair and maintenance. It buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. The company also rents or subscribes the automobiles to its customers by allowing them to enter into its subscription plan for automobiles. In addition, it sells its inventory to customers. LMP Automotive Holdings, Inc. was incorporated in 2017 and is based in Fort Lauderdale, Florida. Address: 500 East Broward Boulevard, Fort Lauderdale, FL, United States, 33394

LMP Automotive Holdings, Inc News and around…

Latest news about LMP Automotive Holdings, Inc (LMPX) common stock and company :

5 Stocks Insiders Are Selling
05 Jan, 2022 FinancialContent

When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. ...

Friday Sector Laggards: Auto Dealerships, Television & Radio Stocks
31 Dec, 2021 FinancialContent

In trading on Friday, auto dealerships shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Kaixin Auto Holdings, down about 5.5% and shares of LMP Automotive Holdings off about 3.4% on the day.

12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
29 Dec, 2021 FinancialContent

Gainers Puxin (NYSE:NEW) shares moved upwards by 4.9% to $0.56 during Wednesday's after-market session. At the close, Puxin's trading ...

LMP Provides Year End Shareholder Update
28 Dec, 2021 Yahoo! Finance

FORT LAUDERDALE, FL , Dec. 28, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its Year End Shareholder Update. Sam Tawfik, LMP’s Chief Executive Officer, stated, “As I look back on the year, it is remarkable how much we have accomplished given the current environment, not only in terms of financial performance but also in our steadfast focus, dedication and discipline. 2021 is shap

4 Stocks Insiders Are Buying
22 Nov, 2021 FinancialContent

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. ...

LMP Automotive Holdings Becomes Oversold (LMPX)
19 Nov, 2021 FinancialContent

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100..

12 Consumer Discretionary Stocks Moving In Monday's After-Market Session
15 Nov, 2021 FinancialContent

Gainers Xcel Brands (NASDAQ:XELB) shares rose 20.42% to $1.71 during Monday's after-market session. The company's market cap stands ...

LMP Automotive Holdings, Inc. Announces Third Quarter 2021 Financial Results
15 Nov, 2021 Yahoo! Finance

Third Quarter 2021 Highlights All financial comparisons stated below are compared to the third quarter of 2020, unless otherwise noted. Revenue increased $128.0M to $141.4MOverall Gross Profit increased by $26.7M to $27.6M Gross Profit Margin increased by 12.9% to 19.5%Adjusted Net Income1 was $8.6M or $0.85 per shareAdjusted EBITDA1 increased by $12.1M to $11.9M or $1.18 per shareAdjusted Shareholder Equity1 increased by $19.3M to $50.9M FORT LAUDERDALE, Fla., Nov. 15, 2021 (GLOBE NEWSWIRE) --

Earnings Scheduled For November 15, 2021
15 Nov, 2021 FinancialContent

Companies Reporting Before The Bell • Sohu.com (NASDAQ:SOHU) is estimated to report earnings for its third ...

LMP Automotive Holdings's Debt Overview
11 Nov, 2021 FinancialContent

Shares of LMP Automotive Holdings (NASDAQ:LMPX) fell by 21.06% in the past three months. Before we understand the importance of debt, ...

LMP Provides Update on its Recapitalization, Finance and Acquisition Closing Timing
29 Oct, 2021 Yahoo! Finance

FORT LAUDERDALE, FL, Oct. 29, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided an update on its recapitalization, finance and acquisition closing timing. Sam Tawfik, LMP’s Chief Executive Officer, stated, “As previously announced on October 6, 2021, we acquired a Chrysler Dodge Jeep Ram Dealership in New York. With our announced acquisitions under contract, we are working toward fina

LMP Automotive Holdings, Inc. to Report Third Quarter 2021 Financial Results and Host Quarterly Conference Call on November 15, 2021
22 Oct, 2021 Yahoo! Finance

FORT LAUDERDALE, FL , Oct. 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it will report its third quarter 2021 financial results for the period ended September 30, 2021 after the close of market on Monday, November 15, 2021. On that day, management will hold a conference call at 4:30 p.m. ET to review and discuss the Company's business and results. What: LMP A

Shareholders in LMP Automotive Holdings (NASDAQ:LMPX) are in the red if they invested a year ago
19 Oct, 2021 Yahoo! Finance

Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...

12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
12 Oct, 2021 FinancialContent

Gainers Waitr Hldgs (NASDAQ:WTRH) stock moved upwards by 31.0% to $1.05 during Tuesday's after-market session. Trading volume for ...

11 Consumer Discretionary Stocks Moving In Friday's Intraday Session
08 Oct, 2021 FinancialContent

Gainers DAVIDsTEA (NASDAQ:DTEA) stock moved upwards by 7.93% to $3.19 during Friday's regular session. As of 12:30 ...

LMP Announces Closing of White Plains Chrysler Dodge Jeep Ram
07 Oct, 2021 Yahoo! Finance

FORT LAUDERDALE, FL , Oct. 07, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the closing of its acquisition of White Plains Chrysler Dodge Jeep Ram. The Chrysler Dodge Jeep Ram franchises are located at 70 Westchester Ave., White Plains, New York 10601. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is a growth company with a long-term plan to pr

LMP Announces the Closing of its Acquisition of White Plains Chrysler Dodge Jeep Ram Dealership in New York is Expected to be Completed by Wednesday October 6th
01 Oct, 2021 Yahoo! Finance

FORT LAUDERDALE, FL , Oct. 01, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the closing of its acquisition of White Plains Chrysler Dodge Jeep Ram Dealership in New York is expected to be completed by Wednesday October 6th. The acquisition was initially expected to close today. The Chrysler Dodge Jeep Ram franchises are located at 70 Westchester Avenue, White Plains, New York 10

LMP Automotive Holdings, Inc. Provides its Planned Closing Schedule for Contracted Acquisitions
23 Sep, 2021 FinancialContent
LMP Automotive Holdings, Inc. Provides its Planned Closing Schedule for Contracted Acquisitions
23 Sep, 2021 Yahoo! Finance

FORT LAUDERDALE, FL , Sept. 23, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its planned closing schedule for contracted acquisitions. Planned Closing Schedule Northeast White Plains Chrysler Dodge Jeep Ram October 1, 2021 Chrysler Dodge Jeep Ram in New York October 29, 2021 Chrysler Dodge Jeep Ram in New York October 29, 2021 Kia Dealership in Connecticut November 15, 2021 Kia D

LMP To Acquire 5 Import Dealerships, Associated Real Estate In Texas For $62.5M
13 Sep, 2021 FinancialContent

Automotive retailerLMP Automotive Holdings Inc(NASDAQ: LMPX)has agreed to acquire five import dealerships in Texas, ...

LMP To Buy 85% Interest In Alan Jay Automotive And Associated Real Estate For ~50M
13 Sep, 2021 FinancialContent

LMP Automotive Holdings Inc(NASDAQ: LMPX)has agreed to acquire 85% interestin theAlan Jay Automotive Network, ...

LMP Announces a Definitive Acquisition Agreement to Purchase 5 Import Dealerships in Texas, Along with the Associated Real Estate, Generating Approximately $592 Million in Annualized Revenue and $35 M
13 Sep, 2021 FinancialContent
LMP Announces a Definitive Acquisition Agreement to Purchase 5 Import Dealerships in Texas, Along with the Associated Real Estate, Generating Approximately $592 Million in Annualized Revenue and $35 Million in Adjusted EBITDA
13 Sep, 2021 Yahoo! Finance

FORT LAUDERDALE, FL, Sept. 13, 2021 (GLOBE NEWSWIRE) -- / LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreements to purchase five import dealerships in Texas, including the associated real estate, generating approximately $592 million in annualized revenue and $35 million in adjusted EBITDA. Expected to close in the fourth quarter of this year. Aggregate purchase

LMP Announces a Definitive Acquisition Agreement to Purchase an 85% Interest in the Alan Jay Automotive Network, a 12-Dealership Group in Florida, Along with the Associated Real Estate, Generating App
13 Sep, 2021 FinancialContent
LMP Announces a Definitive Acquisition Agreement to Purchase an 85% Interest in the Alan Jay Automotive Network, a 12-Dealership Group in Florida, Along with the Associated Real Estate, Generating Approximately $345 Million in Annualized Re
13 Sep, 2021 Yahoo! Finance

FORT LAUDERDALE, FL , Sept. 13, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into definitive acquisition agreements to purchase an 85% interest in the Alan Jay Automotive Network, a 12-dealership group in Florida, along with the associated real estate, generating approximately $345 million in annualized revenue and $18.3 million in adjusted EBITDA. Expected to close in

LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in Tennessee, Generating Approximately $42 Million in Annualized Revenue and $1.4 Million in Adjusted EBITDA
24 Aug, 2021 FinancialContent
Top Buys by Top Brass: CEO Tawfik's $509K Bet on LMPX
24 Aug, 2021 FinancialContent

A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both..

Top Buys by Directors: Tawfik's $453K Bet on LMPX
18 Aug, 2021 FinancialContent

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both..

What Type Of Shareholders Make Up LMP Automotive Holdings, Inc.'s (NASDAQ:LMPX) Share Registry?
18 Aug, 2021 Yahoo! Finance

A look at the shareholders of LMP Automotive Holdings, Inc. ( NASDAQ:LMPX ) can tell us which group is most powerful...

12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
17 Aug, 2021 FinancialContent

Gainers Yunji (NASDAQ:YJ) stock rose 6.68% to $0.8 during Tuesday's pre-market session. The market value of their ...

LMP Automotive Holdings, Inc (LMPX) is a NASDAQ Common Stock listed in , ,

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