GWG Holdings, Inc (NASDAQ:GWGH) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday, October 5th.
Several other equities analysts have also commented on the stock. Zacks Investment Research lowered shares of GWG Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Roth Capital set a $15.00 price target on shares of GWG Holdings and gave the stock a “buy” rating in a research report on Monday, August 14th.
GWG Holdings (GWGH) opened at 10.021 on Thursday. GWG Holdings has a 52 week low of $7.32 and a 52 week high of $11.25. The company has a 50-day moving average of $10.20 and a 200-day moving average of $10.34. The company’s market cap is $57.95 million.
An institutional investor recently bought a new position in GWG Holdings stock. Institute for Wealth Management LLC. acquired a new stake in shares of GWG Holdings, Inc (NASDAQ:GWGH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,224,000 shares of the financial services provider’s stock, valued at approximately $1,224,000. Institute for Wealth Management LLC. owned approximately 21.17% of GWG Holdings at the end of the most recent quarter. 42.46% of the stock is currently owned by institutional investors.
GWG Holdings Company Profile
GWG Holdings, Inc is the parent company of GWG Life, is a financial services company. The Company is focused on transforming the life insurance industry through its products and services. The Company has developed a new suite of options for the life insurance secondary market called LifeCare Xchange (LCX).
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