Lytus Technologies Holdings PTV Ltd (NASDAQ: LYT) is -50.30% 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 $0.60 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $0.42, the stock is -37.96% and -58.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -30.91% at the moment leaves the stock -78.73% off its SMA200. LYT registered -92.44% loss for a year compared to 6-month loss of -70.43%. The firm has a 50-day simple moving average (SMA 50) of $1.03176 and a 200-day simple moving average (SMA200) of $1.97878.
The stock witnessed a -51.51% gain in the last 1 month and extending the period to 3 months gives it a -75.47%, and is -37.00% 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 10.79% over the week and 11.49% over the month.
Distance from 52-week low is -22.79% and -97.76% from its 52-week high.
The shares outstanding are 3.04M, and float is at 0.62M with Short Float at 3.70%.
