Lichen China Ltd (NASDAQ: LICN) is -56.64% lower on its value in year-to-date trading and has touched a low of $0.06 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 $0.08 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.08, the stock is -28.90% and -79.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 58.96 million and changing 1.32% at the moment leaves the stock -94.57% off its SMA200. LICN registered -93.64% loss for a year compared to 6-month loss of -96.23%. The firm has a 50-day simple moving average (SMA 50) of $0.41712 and a 200-day simple moving average (SMA200) of $1.423935.
The stock witnessed a -50.48% gain in the last 1 month and extending the period to 3 months gives it a -96.07%, and is 5.48% 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 22.76% over the week and 17.15% over the month.
Distance from 52-week low is 27.25% and -96.84% 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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