Lichen China Ltd (NASDAQ: LICN) is -4.04% lower on its value in year-to-date trading and has touched a low of $0.50 and a high of $2.44 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 LICN stock was last observed hovering at around $1.88 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $1.90, the stock is -2.89% and 0.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.93 million and changing 1.06% at the moment leaves the stock 20.76% off its SMA200. LICN registered 25.83% gain for a year compared to 6-month gain of 22.58%. The firm has a 50-day simple moving average (SMA 50) of $1.88538 and a 200-day simple moving average (SMA200) of $1.570615.
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The stock witnessed a 7.95% loss in the last 1 month and extending the period to 3 months gives it a -4.04%, and is -16.30% down 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 11.95% over the week and 9.17% over the month.
Distance from 52-week low is 280.00% and -22.13% from its 52-week high.
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Lichen China Ltd (LICN) Top Institutional Holders
The shares outstanding are 37.75M, and float is at 23.83M with Short Float at 0.38%.
Lichen China Ltd (LICN) Insider Activity
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