Lichen China Ltd (NASDAQ:LICN) currently has a daily average trading volume of 16.40M but it saw 8128468 shares traded in last market. With a market cap of 6.39M USD, the company’s current market price of $0.07 came falling about -8.38 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.44 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.071 while lowest mark touched by it was $0.0821.
Taking a look at 20-day trading activity of Lichen China Ltd (LICN) gives us an average price of $0.1197, while its current price level is -97.00% below from 52-week high level whereas it is 21.14% 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 $0.4939 while that of 200 days or SMA-200 reads an average of $1.4308. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.88% during that period while stretching the period over a month that decreases to 15.56%. 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 22.73 which implies that the stock is in oversold territory.
Over the week, LICN’s stock price is moving -9.51% down while it is -59.50% when we observe its performance for the past one month. Year-to-date it is -58.73% down and over the past year, the stock is showing a downside performance of -94.23%.
Currently, Lichen China Ltd’s total number of outstanding shares is 37.75M. Stock’s beta reads -1.07. Stock has a price to book (P/B) ratio of 0.04.
