Lion Group (NASDAQ:LGHL) Shares Up 11.4% – What’s Next?

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHLGet Free Report)’s share price shot up 11.4% on Thursday . The stock traded as high as $4.07 and last traded at $3.91. 656,563 shares changed hands during mid-day trading, an increase of 143% from the average session volume of 270,134 shares. The stock had previously closed at $3.51.

Lion Group Stock Up 11.4%

The firm’s 50 day simple moving average is $3.00 and its two-hundred day simple moving average is $4.80. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.67 and a quick ratio of 0.67.

About Lion Group

(Get Free Report)

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.

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