AGM Group Holdings Inc (NASDAQ: AGMH) Could Post Excellent Profits?

In the last trading session, 7.98 million shares of the AGM Group Holdings Inc (NASDAQ:AGMH) were traded, and its beta was 1.79. Most recently the company’s share price was $0.03, and it changed around $0.0 or 1.91% from the last close, which brings the market valuation of the company to $0.78M. AGMH currently trades at a discount to its 52-week high of $2.19, offering almost -7200.0% off that amount. The share price’s 52-week low was $0.02, which indicates that the current value has risen by an impressive 33.33% since then. We note from AGM Group Holdings Inc’s average daily trading volume that its 10-day average is 24.9 million shares, with the 3-month average coming to 26.64 million.

AGM Group Holdings Inc (NASDAQ:AGMH) trade information

Instantly AGMH has showed a green trend with a performance of 1.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.0472 on recent trading dayincreased the stock’s daily price by 36.44%. The company’s shares are currently down -97.88% year-to-date, but still down -38.46% over the last five days. On the other hand, AGM Group Holdings Inc (NASDAQ:AGMH) is -71.72% down in the 30-day period. We can see from the shorts that 0.9 million shares have been sold at a short interest cover period of 0.01 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.78%.

AGMH Dividends

AGM Group Holdings Inc’s next quarterly earnings report is expected to be released in May.

AGM Group Holdings Inc (NASDAQ:AGMH)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 17.47% of AGM Group Holdings Inc shares, and 0.75% of them are in the hands of institutional investors. The stock currently has a share float of 0.91%. AGM Group Holdings Inc stock is held by 6.0 institutions, with UBS GROUP AG being the largest institutional investor. By 2024-06-30, it held 1.1692% of the shares, which is about 0.28 million shares worth $0.16 million.

CITADEL ADVISORS LLC, with 1.0294% or 0.25 million shares worth $0.14 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

The former held 21.46 shares worth $686.0, making up 0.09% of all outstanding shares.