Lichen China Ltd (NASDAQ: LICN) is 2.53% higher on its value in year-to-date trading and has touched a low of $0.50 and a high of $3.54 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 LICN stock was last observed hovering at around $1.37 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $2.03, the stock is 102.80% and 84.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing 48.18% at the moment leaves the stock 59.71% off its SMA200. LICN registered -6.02% loss for a year compared to 6-month loss of 46.04%.
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The stock witnessed a 73.50% gain in the last 1 month and extending the period to 3 months gives it a 47.10%, and is 109.55% 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 49.98% over the week and 20.05% over the month.
Distance from 52-week low is 306.00% and -42.66% from its 52-week high.
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Lichen China Ltd (LICN) Top Institutional Holders
The shares outstanding are 17.50M, and float is at 13.08M with Short Float at 0.49%.
