SEALSQ Corp (NASDAQ: LAES) – Time For Strategy Change?

SEALSQ Corp (NASDAQ:LAES) currently has a daily average trading volume of 1.01M but it saw 650579 shares traded in last market. With a market cap of 13.70M USD, the company’s current market price of $0.48 came falling about -2.70 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.80 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.48 while lowest mark touched by it was $0.52.

Taking a look at 20-day trading activity of SEALSQ Corp (LAES) gives us an average price of $0.5308, while its current price level is -91.69% below from 52-week high level whereas it is 66.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6407 while that of 200 days or SMA-200 reads an average of $1.2712. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.01% during that period while stretching the period over a month that increases to 22.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.94 which implies that the stock is in neutral territory.

Over the week, LAES’s stock price is moving -18.46% down while it is -3.27% when we observe its performance for the past one month. Year-to-date it is -62.34% down and over the past year, the stock is showing a downside performance of -90.78%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, SEALSQ Corp’s total number of outstanding shares is 15.45M. Company’s return on investment (ROI) stands at -16.02% and return on equity (ROE) at -115.29%. Stock’s beta reads 3.22. Stock has a price to book (P/B) ratio of 1.85 while price to sale or P/S ratio amounts to 0.43. Its return on asset (ROA) is -12.64% on average.