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Lion Group Holding Ltd. (LGHL) share price soared 12.61% with the closing price of $2.68 on Friday. Lion Group Holding Ltd. stock has an exchanging volume of 0.36 million shares, which is low, contrasted with its 3-months average volume of 564.89K shares. Its market capitalization has now reached to $48.70M.
Lion Announces Change to Board of Directors on October 9, 2020 news published at Yahoo.
Lion Group Holding Ltd. (LGHL) announced that Mr. Shih-Chung Chou resigned from his position as a director of the Board of Directors.
Mr. Hua Luo, the Company’s chief operating officer, was appointed as a director of the Board to fill the vacancy created by Mr. Chou’s resignation, effective immediately. Mr. Luo joined the Company in September 2017 and has since served as the director, the responsible officer and the chief risk officer in a number of the Company’s subsidiaries. Prior to joining the Company, Mr. Luo has extensive working experience in the financial service industry, previously holding roles at HGNH International Financial Corporation Limited, China Maike Futures International Limited, and HGNH International Futures Co., Limited. Mr. Luo received his bachelor’s degree in business administration from Chongqing University in 2007 and his master’s degree in e-commerce from The Hong Kong Polytechnic University in 2008.
“We thank Mr. Chou for carrying out his role as director of the Board throughout the years and wish him success in his future endeavors,” said Mr. Chunning (Wilson) Wang, Chief Executive Officer of Lion. “We look forward to working with Mr. Luo as we continue to deliver our services and develop innovative products to support the needs of our customers.”
LGHL Past Trading Activity
The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, LGHL price has rose by 17.03%. In the course of past three months sees the stock go down around -51.71%, while it has lost -73.44% over the past six months and -73.36% since the start of the year.
LGHL Price Performance
Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Lion Group Holding Ltd. has seen its stock exchanging -55.48% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +27.62% above its three-month low. A more extensive look sees LGHL exchanging -77.23% beneath its 52-week high and 53.58% above from its 52-week low price.
LGHL Instability & Beta Factor
The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 16.46%, while it has a month to month instability of 10.98%. The company has an ATR (Average True Range) of 0.25.