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

Lion Group (NASDAQ:LGHL) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings lowered Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Lion Group Trading Down 6.9%

Lion Group stock opened at $1.75 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11. Lion Group has a fifty-two week low of $1.64 and a fifty-two week high of $479.06. The firm has a fifty day moving average price of $5.51 and a two-hundred day moving average price of $9.75.

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

Institutional Trading of Lion Group

An institutional investor recently bought a new stake in Lion Group stock. Marex Group plc purchased a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 84.76% of Lion Group at the end of the most recent reporting period. 0.17% of the stock is owned by institutional investors and hedge funds.

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.