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.
In the latest session, Lichen China Ltd (NASDAQ: LICN) closed at $1.11 up 6.73% from its previous closing price of $1.04. In other words, the price has increased by $6.73 from its previous closing price. On the day, 0.94 million shares were traded. LICN stock price reached its highest trading level at $1.22 during the session, while it also had its lowest trading level at $0.9.
Ratios:
For a deeper understanding of Lichen China Ltd’s stock, let’s take a closer look at its various 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 30380700 and an Enterprise Value of 4653700. Its current Enterprise Value per Revenue stands at 0.117 whereas that against EBITDA is 0.358.
Stock Price History:
Over the past 52 weeks, LICN has reached a high of $2.84, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -0.13%, while the 200-Day Moving Average is calculated to be -12.77%.
Shares Statistics:
For the past three months, LICN has traded an average of 988.18K shares per day and 3776240 over the past ten days. A total of 17.50M shares are outstanding, with a floating share count of 13.08M. Insiders hold about 51.56% of the company’s shares, while institutions hold 0.00% stake in the company. Shares short for LICN as of 1713139200 were 63713 with a Short Ratio of 0.06, compared to 1710460800 on 32148. Therefore, it implies a Short% of Shares Outstanding of 63713 and a Short% of Float of 0.34999999.
