Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Lichen China Ltd’s current trading price is -94.14% away from its 52-week high, while its distance from the 52-week low is -1.45%. The stock’s price range during this period has varied between $0.14 and $2.44. The company, active in the Industrials sector, saw a trading volume of around 9.34 million for the day, considerably lower average daily volume of 12.98 million observed over the last three months.
Lichen China Ltd’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.44 on 08/01/24, and the lowest price during that time was $0.14, recorded on 01/13/25.
How Financial Performance Impacts Market Capitalization
Lichen China Ltd (LICN) has experienced a quarterly decline of -92.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.44M and boasts a workforce of 406 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5106, with a change in price of -2.0179. Similarly, Lichen China Ltd recorded 8,218,488 in trading volume during the last 100 days, posting a change of -93.42%.
How LICN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Lichen China Ltd over the past 50 days is 0.08%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 0.62%. Additionally, the Stochastic %K and %D values for the company were 3.35% and 4.98%, respectively, over the past 20 days.
LICN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -19.54%. However, over the past six months, we’ve seen a stronger performance of -91.47%. The price of LICN leaped by -51.71% over the last 30 days. And in the last five days, it has fallen by -24.79%.
