Will AGM Group Holdings Inc (AGMH) benefit from Wall Street bulls Calls?

AGM Group Holdings Inc (NASDAQ: AGMH) is -94.15% lower on its value in year-to-date trading and has touched a low of $0.02 and a high of $2.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AGMH stock was last observed hovering at around $0.07 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $0.09, the stock is 60.97% and -25.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 238.24 million and changing 21.12% at the moment leaves the stock -91.61% off its SMA200. AGMH registered -91.67% loss for a year compared to 6-month loss of -94.98%.

The stock witnessed a 87.87% gain in the last 1 month and extending the period to 3 months gives it a -89.68%, and is -34.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.04% over the week and 32.50% over the month.

Profit margin for the company is -63.97%. Distance from 52-week low is 305.05% and -95.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-889.56%).

AGM Group Holdings Inc (AGMH) Top Institutional Holders

The shares outstanding are 24.25M, and float is at 17.15M with Short Float at 4.88%.

The top institutional shareholder in the company is UBS GROUP AG with over 0.28 million shares valued at $0.16 million. The investor’s holdings represent 1.1692% of the AGMH Shares outstanding. As of 2024-06-30, the second largest holder is CITADEL ADVISORS LLC with 0.25 million shares valued at $0.14 million to account for 1.0294 of the shares outstanding. The other top investors are TWO SIGMA SECURITIES, LLC which holds 61293.0 shares representing 0.2527% and valued at over $34692.0, while RENAISSANCE TECHNOLOGIES LLC holds 0.0635 of the shares totaling 15400.0 with a market value of $8716.0.