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

Lion Group (NASDAQ:LGHL) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings lowered shares of Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research report on Monday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Lion Group presently has a consensus rating of “Sell”.

Lion Group Trading Down 6.9%

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

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC bought a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned about 81.12% of Lion Group as of its most recent filing with the Securities and Exchange Commission. 0.17% of the stock is currently owned by institutional investors and hedge funds.

Lion Group Company Profile

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.