AGM Group Holdings ( (AGMH) ) has released a notification of late filing.
AGM Group Holdings has announced a delay in filing its Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the need for additional time to review its financial statements to finalize the report. The company anticipates filing the Form 20-F no later than fifteen calendar days following the prescribed due date. AGM Group Holdings does not expect any significant changes in its financial results from the previous fiscal year. The notification was signed by Bo Zhu, the Chief Executive Officer, Chief Strategy Officer, and Director, indicating ongoing compliance efforts.
Spark’s Take on AGMH Stock
According to Spark, TipRanks’ AI Analyst, AGMH is a Neutral.
AGM Group Holdings faces significant financial challenges with declining revenue and profitability, which is the primary driver of the low overall score. Technical analysis provides mixed signals, offering no strong indication of a reversal. Valuation remains unfavorable due to negative earnings and the absence of dividends. Despite a positive market reaction post-earnings, the lack of clear guidance and sentiment leaves uncertainty about future performance.
To see Spark’s full report on AGMH stock, click here.
More about AGM Group Holdings
YTD Price Performance: -96.79%
Average Trading Volume: 46,393,926
Technical Sentiment Signal: Buy
Current Market Cap: $1.28M
For an in-depth examination of AGMH stock, go to TipRanks’ Stock Analysis page.