Lion Group (NASDAQ:LGHL) Trading 1.2% Higher – Time to Buy?

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHLGet Free Report) was up 1.2% on Thursday . The company traded as high as $0.8588 and last traded at $0.82. Approximately 78,504 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 149,807 shares. The stock had previously closed at $0.8099.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lion Group in a report on Wednesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Lion Group

Lion Group Price Performance

The firm’s 50-day simple moving average is $1.30 and its 200 day simple moving average is $2.27.

Lion Group Company Profile

(Get Free Report)

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform.

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