KD Logo

Lion Group Holding Ltd. (NASDAQ: LGHL) Trading under Its 20 Day MA ($0.5358), Why Showing An Interesting Price Pattern?

Lion Group Holding Ltd. (NASDAQ:LGHL) does about 1.12M shares in volume on a normal day but saw 292262 shares change hands in Friday trading. The company now has a market cap of 26.48M USD. Its current market price is $0.46, marking a decrease of -3.29% compared to the previous close of $0.48. The 52 week high reached by this stock is $2.15 whilst the lowest price level in 52 weeks is $0.46. The script in recent trading has seen the stock touch a high of $0.48 and a low of $0.46.

Lion Group Holding Ltd. (LGHL) has a 20-day trading average at $0.5358 and the current price is -78.38% off the 52-week high compared with 1.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8111 and its 200-day simple moving average is $1.1292. If we look at the stock’s price movements over the week, volatility stands at 5.92%, which increases to 8.89% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 29.05 to suggest the stock is oversold.

The current price level is -14.16%, -44.06%, and -58.93% away from its SMA20, SMA50, and SMA200 respectively, with the LGHL price moving above the 50-day SMA on February 17. Lion Group Holding Ltd. (LGHL) stock is down -6.10% over the week and -15.49% over the past month. Its price is -34.99% year-to-date and -49.99% over the past year.

Outstanding shares total 55.41M with insiders holding 0.00% of the shares and institutional holders owning 1.45% of the company’s common stock. The company has a return on investment of 5.60% and return on equity of -55.70%. The beta has a value of 1.10. Price to book ratio is 0.52 and price to sales ratio is 1.39.

Most Popular

[the_ad id="945"]