Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is 138.55% higher on its value in year-to-date trading and has touched a low of $0.50 and a high of $47.06 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LYT stock was last observed hovering at around $1.30 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $1.36, the stock is 94.94% and 68.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.53 million and changing 4.62% at the moment leaves the stock -59.68% off its SMA200. LYT registered a loss of -55.12% in past 6-months.
The stock witnessed a 109.23% gain in the last 1 month and extending the period to 3 months gives it a 28.41%, and is 74.58% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 47.49% over the week and 22.11% over the month.
Lytus Technologies Holdings PTV. Ltd. (LYT) has around 3 employees, a market worth around $51.10M and $0.05M in sales. Current P/E ratio is 34.00. Distance from 52-week low is 172.00% and -97.11% from its 52-week high.
Lytus Technologies Holdings PTV. Ltd. (LYT) Top Institutional Holders
The shares outstanding are 37.58M, and float is at 5.31M with Short Float at 0.68%.