In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Lichen China Ltd (NASDAQ: LICN) closed the day trading at $0.16 down -2.81% from the previous closing price of $0.16. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 7.8 million shares were traded. LICN stock price reached its highest trading level at $0.1619 during the session, while it also had its lowest trading level at $0.1541.
Ratios:
For a better understanding of LICN, let’s look at its different ratios. 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 15378949 and an Enterprise Value of -28234876. Its current Enterprise Value per Revenue stands at -0.673 whereas that against EBITDA is -2.404.
Stock Price History:
The Beta on a monthly basis for LICN is -0.86, which has changed by -0.9082353 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, LICN has reached a high of $2.44, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -86.75%, while the 200-Day Moving Average is calculated to be -89.72%.
Shares Statistics:
Over the past 3-months, LICN traded about 12.65M shares per day on average, while over the past 10 days, LICN traded about 28839450 shares per day. 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 16.48% stake in the company. Shares short for LICN as of 1734048000 were 2944995 with a Short Ratio of 0.31, compared to 1731628800 on 64933. Therefore, it implies a Short% of Shares Outstanding of 2944995 and a Short% of Float of 7.62.
