AGM Group Holdings Inc (NASDAQ: AGMH) is -88.99% lower on its value in year-to-date trading and has touched a low of $1.09 and a high of $109.50 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 $2.95 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $2.97, the stock is 19.12% and -9.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing 0.68% at the moment leaves the stock -92.83% off its SMA200. AGMH registered -96.07% loss for a year compared to 6-month loss of -95.50%. The firm has a 50-day simple moving average (SMA 50) of $3.27 and a 200-day simple moving average (SMA200) of $41.42.
The stock witnessed a -3.57% gain in the last 1 month and extending the period to 3 months gives it a 108.42%, and is 14.67% up 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 13.24% over the week and 14.72% over the month.
AGM Group Holdings Inc (AGMH) has around 10 employees, a market worth around $5.99M and $32.04M in sales. Current P/E ratio is 0.46. Profit margin for the company is 9.73%. Distance from 52-week low is 172.48% and -97.29% from its 52-week high. The company has generated returns on investments over the last 12 months (14.26%).
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AGM Group Holdings Inc (AGMH) Top Institutional Holders
8.0 institutions hold shares in AGM Group Holdings Inc (AGMH), with institutional investors hold 1.16% of the company’s shares. The shares outstanding are 1.97M, and float is at 1.83M with Short Float at 8.93%. Institutions hold 1.08% of the Float.
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.
