Lion Group (NASDAQ:LGHL) Stock Rating Upgraded by Wall Street Zen

Lion Group (NASDAQ:LGHL) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings lowered Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Lion Group Price Performance

Shares of LGHL stock opened at $1.75 on Friday. Lion Group has a 12-month low of $1.64 and a 12-month high of $479.06. The firm has a 50 day moving average price of $5.51 and a two-hundred day moving average price of $9.75. The company has a debt-to-equity ratio of 0.81, a quick ratio of 4.11 and a current ratio of 4.11.

Lion Group (NASDAQ:LGHL) last posted its earnings results on Thursday, April 30th. The company reported ($131.04) EPS for the quarter. The firm had revenue of $6.17 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Lion Group stock. Marex Group plc purchased a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group at the end of the most recent quarter. Institutional investors and hedge funds own 0.17% of the company’s stock.

About Lion Group

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.