Susquehanna Financial Group LLLP recently announced the acquisition of new stake in SEALSQ Corp (NASDAQ:LAES). This fresh investment now brings its stake to 0.79% valued currently at $76120.0. In addition, Citadel Securities LLC raised its holdings by 28873.0 to 28873.0 shares. And UBS Securities LLC has lifted its position by 323.21% or 1810.0 shares – to 2370.0 shares.
With over 15.02 million SEALSQ Corp (LAES) shares trading Friday and a closing price of $2.26 on the day, the dollar volume was approximately $33.95 million. The shares have shown a negative half year performance of -79.68% and its price on 01/12/24 lost nearly -28.71%.
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The top 3 mutual fund holders in SEALSQ Corp are Fidelity Nasdaq Composite Index F, iShares Core SPI, and Swisscanto. Fidelity Nasdaq Composite Index F owns 9346.0 shares of the company’s stock, all valued at over $11963.0. The company bought an additional 9275.0 shares recently to bring their total holdings to about 0.12% of the shares outstanding. Swisscanto bought 1115.0 shares to bring its total holdings to over 1115.0 shares at a value of $1427.0. Swisscanto now owns shares totaling to 0.02% of the shares outstanding.
Shares of SEALSQ Corp (NASDAQ: LAES) opened at $2.29, down -$0.88 from a prior closing price of $3.17. However, the script later moved the day high at 2.4500, down -28.71%. The company’s stock has a 5-day price change of 67.41% and 55.86% over the past three months. It has a 12-month low price of $0.91 and touched a high of $28.50 over the same period. LAES has an average intraday trading volume of 3.47 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 68.14%, 80.07%, and -62.79% respectively.
Institutional ownership of SEALSQ Corp (NASDAQ: LAES) shares accounts for 0.69% of the company’s 7.50M shares outstanding. Mutual fund holders own 0.18%, while other institutional holders and individual stakeholders account for 1.20% and — respectively.
It has a market capitalization of $33.90M. The stock’s trailing 12-month PE ratio is 6.41, while the earnings-per-share (ttm) stands at $0.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 37.61% over the week and 20.92% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate SEALSQ Corp (LAES) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
