Lytus Technologies Holdings PTV Ltd (NASDAQ: LYT) is -66.07% lower on its value in year-to-date trading and has touched a low of $1.40 and a high of $18.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LYT stock was last observed hovering at around $1.87 in the last trading session, with the day’s gains setting it 0.39%.
Currently trading at $2.26, the stock is 22.83% and 18.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 20.86% at the moment leaves the stock -30.24% off its SMA200. LYT registered -79.09% loss for a year compared to 6-month loss of -46.06%. The firm has a 50-day simple moving average (SMA 50) of $1.9028 and a 200-day simple moving average (SMA200) of $3.24059.
The stock witnessed a 17.71% gain in the last 1 month and extending the period to 3 months gives it a 22.49%, and is 29.14% 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 13.27% over the week and 10.79% over the month.
Distance from 52-week low is 61.43% and -87.86% from its 52-week high.
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Lytus Technologies Holdings PTV Ltd (LYT) Top Institutional Holders
The shares outstanding are 1.83M, and float is at 0.62M with Short Float at 4.43%.
Lytus Technologies Holdings PTV Ltd (LYT) Insider Activity
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