Lytus Technologies Holdings PTV Ltd (NASDAQ: LYT) is -14.18% lower on its value in year-to-date trading and has touched a low of $0.54 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 $0.64 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $0.72, the stock is -16.37% and -43.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 11.80% at the moment leaves the stock -66.43% off its SMA200. LYT registered -87.32% loss for a year compared to 6-month loss of -62.30%. The firm has a 50-day simple moving average (SMA 50) of $1.26408 and a 200-day simple moving average (SMA200) of $2.144685.
The stock witnessed a -33.94% gain in the last 1 month and extending the period to 3 months gives it a -59.32%, and is 1.80% 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 16.27% over the week and 23.58% over the month.
Distance from 52-week low is 33.31% and -96.13% from its 52-week high.
.
Lytus Technologies Holdings PTV Ltd (LYT) Top Institutional Holders
The shares outstanding are 3.04M, and float is at 0.62M with Short Float at 19.94%.
Lytus Technologies Holdings PTV Ltd (LYT) Insider Activity
#####
