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Things appear to be looking up for Lichen China Ltd (LICN)

Lichen China Ltd (NASDAQ: LICN) is -48.76% 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 -0.05%.

Currently trading at $0.09, the stock is -42.63% and -87.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 65.2 million and changing -34.06% at the moment leaves the stock -93.77% off its SMA200. LICN registered -94.20% loss for a year compared to 6-month loss of -95.50%. The firm has a 50-day simple moving average (SMA 50) of $0.79132 and a 200-day simple moving average (SMA200) of $1.46579.

The stock witnessed a -56.69% gain in the last 1 month and extending the period to 3 months gives it a -95.00%, and is -37.24% 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 27.29% over the week and 18.25% over the month.

Distance from 52-week low is -30.00% and -96.27% 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 26.94M with Short Float at 4.60%.

Lichen China Ltd (LICN) Insider Activity

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