Financial Lp Hrt Sells 93,931 Shares of Lion Group (NASDAQ:LGHL) Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 93,931 shares of Lion Group stock in a transaction on Monday, July 27th. The shares were sold at an average price of $1.59, for a total transaction of $149,350.29. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Wednesday, July 22nd, Financial Lp Hrt sold 3,763 shares of Lion Group stock. The stock was sold at an average price of $1.36, for a total transaction of $5,117.68.
• On Monday, July 20th, Financial Lp Hrt sold 4,366 shares of Lion Group stock. The stock was sold at an average price of $1.55, for a total value of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt purchased 36 shares of Lion Group stock. The shares were acquired at an average cost of $1.77 per share, for a total transaction of $63.72.
• On Thursday, July 23rd, Financial Lp Hrt sold 8,435 shares of Lion Group stock. The shares were sold at an average price of $1.43, for a total value of $12,062.05.
• On Friday, July 24th, Financial Lp Hrt acquired 27,702 shares of Lion Group stock. The stock was acquired at an average price of $0.95 per share, for a total transaction of $26,316.90.

Lion Group Stock Performance

Shares of NASDAQ LGHL traded up $0.01 during mid-day trading on Tuesday, reaching $1.08. The company’s stock had a trading volume of 18,084,636 shares, compared to its average volume of 930,108. The company has a debt-to-equity ratio of 0.81, a quick ratio of 4.11 and a current ratio of 4.11. Lion Group Holding Ltd. Sponsored ADR has a 52 week low of $0.88 and a 52 week high of $349.83. The stock has a fifty day moving average of $4.83 and a two-hundred day moving average of $8.81.

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LGHL shares. Wall Street Zen raised shares of Lion Group to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings cut shares of Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Lion Group

An institutional investor recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC acquired a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned about 81.12% of Lion Group at the end of the most recent reporting period. Institutional investors and hedge funds own 0.17% of the company’s stock.

Lion Group Company Profile

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.