Lion Group Holding Ltd ADR (NASDAQ: LGHL) Is Down -6.25% Since Its Low, And It’s Only Getting Started.

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The trading price of Lion Group Holding Ltd ADR (NASDAQ:LGHL) floating higher at last check on current market day and closing at $0.17, 2.61% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $0.162 and $0.1737. In examining the 52-week price action we see that the stock hit a 52-week high of $1.55 and a 52-week low of $0.16. Over the past month, the stock has lost -14.83% in value.

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Lion Group Holding Ltd ADR, whose market valuation is $0.62 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.

On the technical side, indicators suggest LGHL has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that LGHL’s price is currently -7.62% off the SMA20 and -12.30% off the SMA50. The RSI metric on the 14-day chart is currently showing 41.82, and weekly volatility stands at 8.47%. When measured over the past 30 days, the indicator reaches 8.56%. Lion Group Holding Ltd ADR (NASDAQ:LGHL)’s beta value is currently sitting at 1.52, while the Average True Range indicator is currently displaying 0.02.

To see how Lion Group Holding Ltd ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: LGHL stock’s performance was 2.61% at last check in today’s session, and -85.59% in the past year.

An evaluation of the daily trading volume of Lion Group Holding Ltd ADR (NASDAQ:LGHL) indicates that the 3-month average is 3.47 million. However, this figure has increased over the past 10 days to an average of 4.69.

Currently, records show that 14.47 million of the company’s shares remain outstanding. The insiders hold 24.02% of outstanding shares, whereas institutions hold 3.18%. The stats also highlight that short interest as of 2024-11-15, stood at 82817.0 shares, resulting in a short ratio of 0.02 at that time. From this, we can conclude that short interest is 138.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were up slightly from the previous month’s figure, which was 58721.0. However, since the stock’s price has seen -87.19% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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