Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Lichen China Ltd’s current trading price is -19.26% away from its 52-week high, while its distance from the 52-week low is 294.00%. The stock’s price range over this period has fluctuated between $0.50 and $2.44. The company, operating within the financial sector, had a trading volume of approximately 4.94 million for the day, which was noticeably higher than the average daily share volume of 0.66 million over the last 3 months.
Lichen China Ltd experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.44 on 08/01/24, while the lowest price for the same period was registered at $0.50 on 04/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Lichen China Ltd (LICN) has experienced a quarterly decline of -0.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.37M and boasts a workforce of 406 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9464, with a change in price of +0.2856. Similarly, Lichen China Ltd recorded 564,076 in trading volume during the last 100 days, posting a change of +17.06%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its 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
Today’s raw stochastic average for Lichen China Ltd over the last 50 days is 57.32%.This indicates a increase from the raw stochastic average of the past 20 days, which was 42.62%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 38.25% and 32.60%, respectively.
LICN Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -0.51%.However, over the last six months, we can see a weaker performance of 30.46%. Over the last 30 days, the price of LICN has leaped by -9.22%. And in the last five days, it has surged by 7.07%.
