The setup is that's it's indeed penny stock like.
According to yahoo:
AGM Group Holdings Inc., through its subsidiaries, focuses on providing financial technology services in foreign exchange to brokers and institutional clients in the People's Republic of China. It offers online trading platform application service for institutional clients; trading services for foreign exchange, precious metals, and oil based on spot contracts; and program trading application technology and management services. The company was founded in 2015 and is based in Beijing, the People's Republic of China
It's a Chinese financial services/brokerage... very small float... probable pump and dump action.
Good for a gamble, but likely a doozy.