AGM Group Forms Strategic Partnership with Nowlit to Boost Computing Power
TipRanks (Fri, 20-Dec 4:58 PM ET)
PRNewswire (Fri, 20-Dec 7:50 AM ET)
AGM Group Holdings Inc. Announces Investment in Bitcoin Mining Equipment
Globe Newswire (Thu, 12-Dec 6:20 PM ET)
AGM Group Holdings Inc is an investment holding company. The company focuses on blockchain-oriented ASIC chip design; high-end crypto miner production and fintech technology software service. It generates maximum revenue from the sale of cryptocurrency mining machines and standardized computing equipment.
Agm Gr Hldgs trades on the NASDAQ stock market under the symbol AGMH.
As of December 20, 2024, AGMH stock price declined to $1.50 with 216,008 million shares trading.
AGMH has a beta of 0.71, meaning it tends to be less sensitive to market movements. AGMH has a correlation of 0.01 to the broad based SPY ETF.
AGMH has a market cap of $36.38 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, AGMH traded as high as $4.15 and as low as $.46.
AGMH has underperformed the market in the last year with a price return of -13.8% while the SPY ETF gained +27.8%. AGMH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.6% and -10.2%, respectively, while the SPY returned +4.4% and -2.4%, respectively.
AGMH support price is $1.58 and resistance is $1.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGMH shares will trade within this expected range on the day.