Lion Group Holding Ltd ADR (NASDAQ:LGHL) shares, rose in value, with the stock price up by 6.84% to the previous day’s close as strong demand from buyers drove the stock to $0.20.
Actively observing the price movement in the last trading, the stock closed the session at $0.19, falling within a range of $0.1833 and $0.2201. The value of beta (5-year monthly) was 1.518. Referring to stock’s 52-week performance, its high was $1.55, and the low was $0.17. On the whole, LGHL has fluctuated by -6.24% over the past month.
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With the market capitalization of Lion Group Holding Ltd ADR currently standing at about $0.73 million, investors are eagerly awaiting this quarter’s results, scheduled for in November.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LGHL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LGHL currently trading nearly -0.29% and -5.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.71, while the 7-day volatility ratio is showing 12.38% which for the 30-day chart, stands at 16.36%. Furthermore, Lion Group Holding Ltd ADR (LGHL)’s beta value is 1.51, and its average true range (ATR) is 0.03.
A comparison of Lion Group Holding Ltd ADR (LGHL) with its peers suggests the former has fared considerably weaker in the market. LGHL showed an intraday change of 6.84% in last session, and over the past year, it shrunk by -79.70%%.
Data on historical trading for Lion Group Holding Ltd ADR (NASDAQ:LGHL) indicates that the trading volumes over the past 10 days have averaged 9.06 and over the past 3 months, they’ve averaged 2.39 million. According to company’s latest data on outstanding shares, there are 3.59 million shares outstanding.
Nearly 24.02% of Lion Group Holding Ltd ADR’s shares belong to company insiders and institutional investors own 1.15% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 58721.0 shares as on 2024-10-15, resulting in a short ratio of 0.03. According to the data, the short interest in Lion Group Holding Ltd ADR (LGHL) stood at 98.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 0.12 million. The stock has fallen by -84.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LGHL stock heading into the next quarter.
