Financial Lp Hrt Sells 93,931 Shares of Lion Group (NASDAQ:LGHL) Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 93,931 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $1.59, for a total transaction of $149,350.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Wednesday, July 22nd, Financial Lp Hrt sold 3,763 shares of Lion Group stock. The shares were sold at an average price of $1.36, for a total transaction of $5,117.68.
• On Monday, July 20th, Financial Lp Hrt sold 4,366 shares of Lion Group stock. The shares were sold at an average price of $1.55, for a total transaction of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The stock was acquired at an average cost of $1.77 per share, with a total value of $63.72.
• On Thursday, July 23rd, Financial Lp Hrt sold 8,435 shares of Lion Group stock. The stock was sold at an average price of $1.43, for a total transaction of $12,062.05.
• On Friday, July 24th, Financial Lp Hrt bought 27,702 shares of Lion Group stock. The shares were acquired at an average price of $0.95 per share, for a total transaction of $26,316.90.

Lion Group Stock Performance

Shares of NASDAQ LGHL traded up $0.01 during mid-day trading on Tuesday, hitting $1.08. 18,084,636 shares of the company’s stock traded hands, compared to its average volume of 930,108. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.81. Lion Group Holding Ltd. Sponsored ADR has a 1 year low of $0.88 and a 1 year high of $349.83. The company’s 50-day moving average is $4.83 and its two-hundred day moving average is $8.81.

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

Wall Street Analysts Forecast Growth

LGHL has been the subject of a number of recent research reports. Weiss Ratings cut Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, July 13th. Wall Street Zen upgraded Lion Group to a “hold” rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Hedge Funds Weigh In On Lion Group

A hedge fund recently bought a new stake in Lion Group stock. SmartHarvest Portfolios LLC acquired a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned about 81.12% of Lion Group at the end of the most recent reporting period. 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.