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

Lion Group (NASDAQ:LGHL) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a report released on Saturday.

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

Lion Group Stock Down 4.0%

Shares of Lion Group stock opened at $1.43 on Friday. The business has a 50-day simple moving average of $2.07 and a 200 day simple moving average of $2.02. Lion Group has a one year low of $1.05 and a one year high of $119.60.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lion Group stock. Marex Group plc purchased a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group at the end of the most recent quarter. Hedge funds and other institutional investors own 0.17% of the company’s stock.

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.