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

SEALSQ Corp (NASDAQ:LAES) currently has a daily average trading volume of 16.32M but it saw 36240792 shares traded in last market. With a market cap of 141.99M USD, the company’s current market price of $2.01 came falling about -14.10 while comparing to the previous closing price of $2.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.95 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $1.98 while lowest mark touched by it was $2.53.

Taking a look at 20-day trading activity of SEALSQ Corp (LAES) gives us an average price of $1.01, while its current price level is -49.11% below from 52-week high level whereas it is 593.10% 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 $0.65 while that of 200 days or SMA-200 reads an average of $0.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.52% during that period while stretching the period over a month that decreases to 26.22%. 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 65.17 which implies that the stock is in neutral territory.

Over the week, LAES’s stock price is moving 8.65% up while it is 340.79% when we observe its performance for the past one month. Year-to-date it is 57.03% up and over the past year, the stock is showing an upside performance of 93.27%.

Currently, SEALSQ Corp’s total number of outstanding shares is 22.73M. Company’s return on investment (ROI) stands at -54.26% and return on equity (ROE) at -572.52%. Stock’s beta reads -5.18. Stock has a price to book (P/B) ratio of 10.45 while price to sale or P/S ratio amounts to 6.25. Its return on asset (ROA) is -49.36% on average.