At the last check on Friday, Lion Group Holding Ltd.’s (NASDAQ:LGHL) stock was down -$0.38, moving down -10.68 percent to $3.13. The average number of shares traded per day over the past five days has been 834,656 shares. 2 times new highs have been achieved over the past 5 days, with a $0.37 gain in that time frame. In the last twenty days, the average volume was 325,589, while in the previous 50 days, it was 347,799.
Since last month, LGHL stock retreated -17.28%. Shares of the company fell to $2.50 on 08/30/23, the lowest level in the past month. A 52-week high of $107.50 was reached on 01/11/23 after having rallying from a 52-week low of $2.50. Since the beginning of this year, LGHL’s stock price has dropped by -91.23% or -$32.55, and marked a new high 4 times. However, the stock has declined by -97.08% since its 52-week high.
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Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.16, and the total debt-to-equity ratio was 0.19. Based on annual data, LGHL earned $31.49 million in gross profit and brought in -$2.48 million in revenue.
LGHL’s revenue rose 425.0% during the quarter, while net income inched up to -$2.48 million. The liabilities of Lion Group Holding Ltd. were 67.89 million at the end of its most recent quarter, and its total debt was $8.36 million.
Technical Picture
This quick technical analysis looks at Lion Group Holding Ltd.’s (LGHL) price momentum. With a historical volatility rate of 155.16%, the RSI 9-day stood at 49.17% on 31 August.
With respect to its five-day moving average, the current Lion Group Holding Ltd. price is up by +13.07% percent or $0.37. At present, LGHL shares trade -0.31% below its 20-day simple moving average and -71.95% percent below its 100-day simple moving average. However, the stock is currently trading approximately -49.04% below its SMA50 and -95.95% below its SMA200.
Stochastic coefficient K was 41.02% and Stochastic coefficient D was 28.49%, while ATR was 0.59. Given the Stochastic reading of 41.60% for the 14-day period, the RSI (14) reading has been calculated as 46.28%. As of today, the MACD Oscillator reading stands at 0.14, while the 14-day reading stands at -0.03.
Analyst Ratings
Lion Group Holding Ltd. (LGHL) has been rated – by analysts. According to 0 brokerage firms, LGHL is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Lion Group Holding Ltd. stock as buy, with 0 recommending it as overweight.
