Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Lite Strategy Inc (NASDAQ: LITS) closed at $1.76 in the last session, down -8.33% from day before closing price of $1.92. In other words, the price has decreased by -$8.33 from its previous closing price. On the day, 0.6 million shares were traded. LITS stock price reached its highest trading level at $1.92 during the session, while it also had its lowest trading level at $1.76.
Ratios:
We take a closer look at LITS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 62753076 and an Enterprise Value of 44742072.
Stock Price History:
The Beta on a monthly basis for LITS is 0.23, which has changed by -0.36842108 over the last 52 weeks, in comparison to a change of 0.15566266 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 -36.69%, while the 200-Day Moving Average is calculated to be -38.93%.
Shares Statistics:
According to the various share statistics, LITS traded on average about 1.00M shares per day over the past 3-months and 587770 shares per day over the past 10 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 8.41% stake in the company. Shares short for LITS as of 1760486400 were 322912 with a Short Ratio of 0.32, compared to 1757894400 on 1766104. Therefore, it implies a Short% of Shares Outstanding of 322912 and a Short% of Float of 1.04.
