GWG Holdings Inc (GWGH) was Initiated by Maxim Group to “Buy” and the brokerage firm has set the Price Target at $10. Maxim Group advised their investors in a research report released on Jul 21, 2016.
GWG Holdings Inc opened for trading at $6.72 and hit $6.72 on the upside on Wednesday, eventually ending the session at $6.72, with a gain of 0.45% or 0.03 points. The heightened volatility saw the trading volume jump to 398 shares. Company has a market cap of $40 M.
GWG Holdings Inc. (GWG Holdings) is a specialty finance company. GWG Holdings is engaged in the secondary market for life insurance policies. The Company owns approximately $779 million in face value of life insurance policy benefits. The Company enables the purchase of life insurance policies through GWG Life LLC GWG Trust GWG DLP Funding II LLC and GWG DLP Master Trust II. The Company offers consumers a range of options to access the actuarial value of their life insurance including purchasing all of their life insurance policy for cash purchasing a portion of their life insurance policy for cash and allowing them to retain a portion of their policy benefit with no future premium obligation allowing for the conversion of their life insurance policy towards payments for long term care and allowing the consumer to gift a portion of their life insurance to family or a charity with no future premium obligation.