Deeper Dive: Understanding Lichen China Ltd (LICN) Through its Various Ratios

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The price of Lichen China Ltd (NASDAQ: LICN) closed at $1.87 in the last session, up 0.54% from day before closing price of $1.86. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.96 million shares were traded. LICN stock price reached its highest trading level at $1.99 during the session, while it also had its lowest trading level at $1.85.

Ratios:

We take a closer look at LICN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.51 and its Current Ratio is at 17.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LICN now has a Market Capitalization of 72743000 and an Enterprise Value of 36487500. Its current Enterprise Value per Revenue stands at 0.87 whereas that against EBITDA is 3.107.

Stock Price History:

Over the past 52 weeks, LICN has reached a high of $2.44, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -1.26%, while the 200-Day Moving Average is calculated to be 16.52%.

Shares Statistics:

According to the various share statistics, LICN traded on average about 575.80K shares per day over the past 3-months and 1961170 shares per day over the past 10 days. A total of 37.75M shares are outstanding, with a floating share count of 23.83M. Insiders hold about 36.88% of the company’s shares, while institutions hold 0.32% stake in the company. Shares short for LICN as of 1731628800 were 64933 with a Short Ratio of 0.11, compared to 1728950400 on 109460. Therefore, it implies a Short% of Shares Outstanding of 64933 and a Short% of Float of 0.22999999999999998.

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