Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Lite Strategy Inc (NASDAQ: LITS) closed the day trading at $2.19 up 1.86% from the previous closing price of $2.15. In other words, the price has increased by $1.86 from its previous closing price. On the day, 0.72 million shares were traded. LITS stock price reached its highest trading level at $2.22 during the session, while it also had its lowest trading level at $2.03.
Ratios:
For a better understanding of LITS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.50 and its Current Ratio is at 13.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 25, 2022, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $13 to $2.
Stifel Downgraded its Buy to Hold on March 25, 2022, whereas the target price for the stock was revised from $6 to $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 28 ’25 when Anson Funds Management LP bought 1,093,184 shares for $6.74 per share.
Funicular Funds, LP bought 611,440 shares of LITS for $3,790,928 on Jul 23 ’25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LITS now has a Market Capitalization of 78084792 and an Enterprise Value of 58647584.
Stock Price History:
The Beta on a monthly basis for LITS is 0.33, which has changed by -0.20938629 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, LITS has reached a high of $9.00, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is -40.27%, while the 200-Day Moving Average is calculated to be -25.33%.
Shares Statistics:
Over the past 3-months, LITS traded about 1.77M shares per day on average, while over the past 10 days, LITS traded about 1152760 shares per day. A total of 35.66M shares are outstanding, with a floating share count of 30.42M. Insiders hold about 14.68% of the company’s shares, while institutions hold 7.48% stake in the company. Shares short for LITS as of 1759190400 were 363420 with a Short Ratio of 0.21, compared to 1756425600 on 2639386. Therefore, it implies a Short% of Shares Outstanding of 363420 and a Short% of Float of 1.17.
