AGM Group Holdings Inc (NASDAQ: AGMH) is -95.09% 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 $0.08 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.07, the stock is -13.92% and 9.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.42 million and changing -2.50% at the moment leaves the stock -92.69% off its SMA200. AGMH registered -93.41% loss for a year compared to 6-month loss of -95.77%. The firm has a 50-day simple moving average (SMA 50) of $0.06792 and a 200-day simple moving average (SMA200) of $1.0133.
The stock witnessed a 27.76% gain in the last 1 month and extending the period to 3 months gives it a -89.26%, and is 23.50% 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 7.33% over the week and 28.05% over the month.
AGM Group Holdings Inc (AGMH) has around 10 employees, a market worth around $7.47M and $32.04M in sales. Current P/E ratio is 0.58. Profit margin for the company is 9.73%. Distance from 52-week low is 239.91% and -96.62% from its 52-week high. The company has generated returns on investments over the last 12 months (14.26%).
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 98.71M, and float is at 69.82M with Short Float at 10.20%. Institutions hold 1.07% 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.
