Lion Group Holding Ltd ADR (LGHL): Hold On When You’re Right

Lion Group Holding Ltd ADR (NASDAQ:LGHL) price on Wednesday, December 04, fall -1.73% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.17.

A look at the stock’s price movement, the close in the last trading session was $0.17, moving within a range at $0.1616 and $0.175. The beta value (5-Year monthly) was 1.525. Turning to its 52-week performance, $1.55 and $0.17 were the 52-week high and 52-week low respectively. Overall, LGHL moved -8.33% over the past month.

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Lion Group Holding Ltd ADR’s market cap currently stands at around $0.61 million, with investors looking forward to this quarter’s earnings report slated for in January.

Turning to the stock’s technical picture we see that short term indicators suggest on average that LGHL is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

LGHL’s current price about -10.93% and -15.19% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.75, while 7-day volatility ratio is 9.27% and 8.53% in the 30-day chart. Further, Lion Group Holding Ltd ADR (LGHL) has a beta value of 1.52, and an average true range (ATR) of 0.02.

If we refocus on Lion Group Holding Ltd ADR (NASDAQ:LGHL), historical trading data shows that trading volumes averaged 4.42 over the past 10 days and 3.43 million over the past 3 months. The company’s latest data on shares outstanding shows there are 14.47 million shares.

The 24.02% of Lion Group Holding Ltd ADR’s shares are in the hands of company insiders while institutional holders own 3.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 82817.0 on 2024-11-15, giving us a short ratio of 0.02. The data shows that as of 2024-11-15 short interest in Lion Group Holding Ltd ADR (LGHL) stood at 138.0 of shares outstanding, with shares short rising to 58721.0 registered in 2024-10-15. Current price change has pushed the stock -87.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LGHL stock continues to rise going into the next quarter.

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