Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL – Get Free Report)’s stock price was up 4.9% on Thursday. The stock traded as high as $3.04 and last traded at $3.00. Approximately 53,215 shares traded hands during trading, a decline of 96% from the average daily volume of 1,466,315 shares. The stock had previously closed at $2.86.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the stock. Weiss Ratings raised shares of Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded shares of Lion Group to a “hold” rating in a research note on Saturday, July 18th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.
Read Our Latest Research Report on LGHL
Lion Group Stock Performance
The business’s 50 day simple moving average is $8.68 and its two-hundred day simple moving average is $74.83.
Insider Transactions at Lion Group
In other Lion Group news, major shareholder Financial Lp Hrt sold 4,696 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $31.80, for a total transaction of $149,332.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have purchased 3,103 shares of company stock valued at $58,630 and have sold 7,003 shares valued at $203,401. 8.70% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC purchased a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned about 81.12% of Lion Group as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.17% of the company’s stock.
About Lion Group
Lion Group Holding Ltd. is a financial services company that operates an online trading and brokerage platform. Through its subsidiaries, the company provides access to securities and futures markets and offers services designed for individual and institutional investors.
Its business activities have included securities brokerage, margin financing, futures trading, asset management, investment banking and wealth management. The company’s platform is intended to support trading in Hong Kong, U.S.
Read More
- Five stocks we like better than Lion Group
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Lion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lion Group and related companies with MarketBeat.com's FREE daily email newsletter.
