Lion Group (NASDAQ:LGHL) Trading Down 1.1% – Here’s What Happened

Shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHLGet Free Report) were down 1.1% during trading on Wednesday . The stock traded as low as $1.27 and last traded at $1.30. Approximately 85,864 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 329,166 shares. The stock had previously closed at $1.32.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lion Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Lion Group has an average rating of “Sell”.

Read Our Latest Stock Analysis on LGHL

Lion Group Trading Down 1.1%

The firm’s 50-day moving average price is $1.66 and its 200-day moving average price is $2.53.

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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