The market performance of Lichen China Ltd’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $2.44 on 08/01/24, while the lowest value for the same duration was $0.50 on 04/23/24.
52-week price history of LICN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Lichen China Ltd’s current trading price is -11.07% away from its 52-week high, while its distance from the 52-week low is 334.00%. The stock’s price range during the 52-week period has remained between $0.50 and $2.44. In the Industrials sector, the company’s shares saw a trading volume of around 1.48 million for the day, which was evidently higher than the average daily volume of 0.31 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Lichen China Ltd (LICN) has experienced a quarterly rise of 10.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 88.44M and boasts a workforce of 406 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.84, with a change in price of +0.77. Similarly, Lichen China Ltd recorded 252,465 in trading volume during the last 100 days, posting a change of +55.00%.
Examining LICN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LICN stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
LICN Stock Stochastic Average
As of today, Lichen China Ltd’s raw stochastic average for the last 50 days stands at 86.73%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 95.77%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.41% and 77.33%, respectively.
LICN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 9.60%. However, over the last six months, the performance has been weaker by 95.50%. The price of LICN increased 13.61% over the last 30 days. And in the last five days, it has surged by 17.93%.
