Lichen China Ltd (NASDAQ:LICN) currently has a daily average trading volume of 13.46M but it saw 7701542 shares traded in last market. With a market cap of 13.16M USD, the company’s current market price of $0.15 came rising about 5.30 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.44 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.145 while lowest mark touched by it was $0.1682.
Taking a look at 20-day trading activity of Lichen China Ltd (LICN) gives us an average price of $0.1740, while its current price level is -93.81% below from 52-week high level whereas it is 15.08% 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 $1.0234 while that of 200 days or SMA-200 reads an average of $1.4930. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.87% during that period while stretching the period over a month that increases to 17.30%. 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 24.79 which implies that the stock is in oversold territory.
Over the week, LICN’s stock price is moving -5.56% down while it is -17.84% when we observe its performance for the past one month. Year-to-date it is -14.92% down and over the past year, the stock is showing a downside performance of -91.11%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Lichen China Ltd’s total number of outstanding shares is 37.75M with 14.11% of that held by the insiders while 0.16% of its common stock has been owned by the institutions. Stock’s beta reads -0.86. Stock has a price to book (P/B) ratio of 0.08.
