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Analyzing The Price Action In Lion Group Holding Stock Today

January 12, 2021 10:13 am
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Analyzing The Price Action In Lion Group Holding Stock Today

Lion Group Holding's Stock Price And Volume Action

Lion Group Holding (NASDAQ:LGHL) is currently up 6.76% to a price of $4.37. The stock's current volume for the day is 1.36 million, which is approximately 127.35% of its previous 30-day average volume of 1.07 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Lion shares are trading higher after the company announced the acquisition of Lion FinTech Group; terms were not disclosed.

Further Analysis of Recent Price Action

The 50-day moving average price of Lion Group Holding's stock was $2.37 when this article was published. The stock reached a high of $5.39 and a low of $1.8 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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