Lichen China Ltd (LICN): Not A Time To Panic Nor Freeze

Lichen China Ltd (LICN) concluded trading on Wednesday at a closing price of $0.14, with 6.97 million shares of worth about $0.98 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -92.90% during that period and on January 22, 2025 the price saw a loss of about -3.52%. Currently the company’s common shares owned by public are about 37.75M shares, out of which, 26.94M shares are available for trading.

Stock saw a price change of -0.07% in past 5 days and over the past one month there was a price change of -20.96%. Year-to-date (YTD), LICN shares are showing a performance of -21.23% which decreased to -91.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.13 but also hit the highest price of $2.44 during that period. The average intraday trading volume for Lichen China Ltd shares is 13.97 million. The stock is currently trading -17.66% below its 20-day simple moving average (SMA20), while that difference is down -84.58% for SMA50 and it goes to -90.55% lower than SMA200.

Lichen China Ltd (NASDAQ: LICN) currently have 37.75M outstanding shares and institutions hold larger chunk of about 16.48% of that.

The stock has a current market capitalization of $12.19M and its 3Y-monthly beta is at -0.97. It has Quick Ratio of 17.51 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LICN, volatility over the week remained 9.83% while standing at 15.79% over the month.

Analysts are in expectations that Lichen China Ltd (LICN) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same.

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