Lion Group (NASDAQ:LGHL) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Lion Group (NASDAQ:LGHL) to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings lowered Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Lion Group has a consensus rating of “Sell”.

Lion Group Price Performance

Shares of NASDAQ LGHL opened at $1.75 on Friday. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.81. The business’s 50 day moving average price is $5.51 and its 200-day moving average price is $9.75. Lion Group has a fifty-two week low of $1.64 and a fifty-two week high of $479.06.

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

Hedge Funds Weigh In On Lion Group

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

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.