Market Insights: Lichen China Ltd (LICN)’s Notable Gain of 3.85, Closing at 0.88

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Lichen China Ltd’s stock clocked out at $0.88, up 3.85% from its previous closing price of $0.85. In other words, the price has increased by $3.85 from its previous closing price. On the day, 0.7 million shares were traded. LICN stock price reached its highest trading level at $0.9555 during the session, while it also had its lowest trading level at $0.811.

Ratios:

To gain a deeper understanding of LICN’s stock, we examine its different ratios.

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 24085600 and an Enterprise Value of -2533662. Its current Enterprise Value per Revenue stands at -0.064 whereas that against EBITDA is -0.195.

Stock Price History:

Over the past 52 weeks, LICN has reached a high of $3.54, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -22.00%, while the 200-Day Moving Average is calculated to be -31.50%.

Shares Statistics:

It appears that LICN traded 355.44K shares on average per day over the past three months and 147910 shares per day over the past ten days. A total of 17.50M shares are outstanding, with a floating share count of 6.30M. Insiders hold about 76.67% of the company’s shares, while institutions hold 0.00% stake in the company. Shares short for LICN as of 1711584000 were 62709 with a Short Ratio of 0.18, compared to 1709164800 on 72704. Therefore, it implies a Short% of Shares Outstanding of 62709 and a Short% of Float of 0.41000000000000003.

Earnings Estimates

The current assessment of Lichen China Ltd (LICN) involves the perspectives of Linde plc analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.80, with high estimates of $30.03 and low estimates of $5.32.

Analysts are recommending an EPS of between $Financial Services and $Healthcare for the fiscal current year, implying an average EPS of $Industrials.

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