Lichen China Ltd (NASDAQ: LICN) is -21.23% lower on its value in year-to-date trading and has touched a low of $0.13 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 $0.14 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.14, the stock is -17.66% and -84.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.97 million and changing -3.52% at the moment leaves the stock -90.55% off its SMA200. LICN registered -91.77% loss for a year compared to 6-month loss of -92.90%. The firm has a 50-day simple moving average (SMA 50) of $0.94476 and a 200-day simple moving average (SMA200) of $1.484175.
The stock witnessed a -20.96% gain in the last 1 month and extending the period to 3 months gives it a -92.05%, and is -0.07% 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 9.83% over the week and 15.79% over the month.
Distance from 52-week low is 6.55% and -94.27% from its 52-week high.
The shares outstanding are 37.75M, and float is at 26.94M with Short Float at 14.52%.
