The trading price of Lion Group Holding Ltd. (NASDAQ:LGHL) floating lower at last check on Tuesday, Feb 23, closing at $4.74, -24.05% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $3.0500 and $4.0100. The company’s P/E ratio in the trailing 12-month period was 11.56, while its 5Y monthly beta was 0. In examining the 52-week price action we see that the stock hit a 52-week high of $11.77 and a 52-week low of $1.75. Over the past month, the stock has gained 58.53% in value.
To see how Lion Group Holding Ltd. stock has been performing today in comparison to its peers in the industry, here are the numbers: LGHL stock’s performance was -24.05% at last check in today’s session, and -52.74% in the past year, while American Express Company (AXP) has been trading +0.52% in recent session and positioned +0.78% higher than it was a year ago. Another comparable company Moody’s Corp (MCO) saw its stock trading -0.79% lower in today’s session but was up +1.91% in a year. Furthermore, XP Inc Cl A (XP) showed a decline of -24.05% today while its price kept declining at -52.74% over the past year. Lion Group Holding Ltd. has a P/E ratio of 11.56, compared to American Express Company’s 36.1 and Moody’s Corp’s 29.49. Also during today’s trading, the S&P 500 Index has soared -0.93%, while the Dow Jones Industrial also saw a negative seesion, down -0.54% today.
An evaluation of the daily trading volume of Lion Group Holding Ltd. (NASDAQ:LGHL) indicates that the 3-month average is 1.96 Million. However, this figure has increased over the past 10 days to an average of 9.78 Million.
Currently, records show that 19.47 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 15.83% of outstanding shares, whereas institutions hold 6.58%. The stats also highlight that short interest as of January 28, 2021, stood at 40.4 Million shares, resulting in a short ratio of 0.02 at that time. From this, we can conclude that short interest is 0.21% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 100.28 Million. However, since the stock’s price has seen +145.6% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.