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LICN Stock Update: Lichen China Ltd’s Banking’s Market Struggles and Potential Opportunities

Lichen China Ltd ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $2.44 on 08/01/24, while the lowest value for the same period was recorded at $0.14 on 12/20/24.

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 -93.59% away from its 52-week high, while its distance from the 52-week low is 7.86%. The stock’s price range during the 52-week period has remained between $0.14 and $2.44. In the Industrials sector, the company’s shares saw a trading volume of around 2.68 million for the day, which was evidently lower than the average daily volume of 7.35 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 decline of -91.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.51M 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 1.7167, with a change in price of -1.8936. Similarly, Lichen China Ltd recorded 4,813,724 in trading volume during the last 100 days, posting a change of -92.37%.

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 0.53%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 0.57%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 0.99% and 0.98%, respectively.

LICN Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -92.10%. However, over the past six months, we’ve seen a stronger performance of -88.99%. The price of LICN leaped by -92.76% over the last 30 days. And in the last five days, it has fallen by -11.64%.

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