Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Lite Strategy Inc (NASDAQ: LITS) was $1.88 for the day, up 1.62% from the previous closing price of $1.85. In other words, the price has increased by $1.62 from its previous closing price. On the day, 0.79 million shares were traded. LITS stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.81.
Ratios:
Our analysis of LITS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 67031692 and an Enterprise Value of 49020692.
Stock Price History:
The Beta on a monthly basis for LITS is 0.36, which has changed by -0.31386864 over the last 52 weeks, in comparison to a change of 0.13837254 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 -46.00%, while the 200-Day Moving Average is calculated to be -35.74%.
Shares Statistics:
LITS traded an average of 1.81M shares per day over the past three months and 1117600 shares per day over the past ten days. 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 0.20, compared to 1756425600 on 2639386. Therefore, it implies a Short% of Shares Outstanding of 363420 and a Short% of Float of 1.17.
