Lion Group (NASDAQ:LGHL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Lion Group (NASDAQ:LGHL) to a sell rating in a report issued on Saturday.

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Lion Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group currently has an average rating of “Sell”.

Lion Group Stock Down 9.8%

Shares of LGHL stock opened at $1.29 on Friday. The stock’s 50-day moving average is $2.02 and its two-hundred day moving average is $2.01. Lion Group has a 1 year low of $1.05 and a 1 year high of $119.60.

Lion Group (NASDAQ:LGHL) last announced its earnings results on Friday, October 31st. The company reported ($1.25) EPS for the quarter. The firm had revenue of ($1.47) million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lion Group stock. Marex Group plc bought a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned 84.76% of Lion Group as of its most recent filing with the Securities & Exchange Commission. 0.17% of the stock is 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.