Market cap of Lichen China Ltd [LICN] reaches 4.25M – now what?

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Lichen China Ltd [NASDAQ: LICN] closed the trading session at $0.49.

The stocks have a year to date performance of -75.32 percent and weekly performance of -73.87 percent. The stock has been moved at -66.30 percent over the last six months. The stock has performed -75.81 percent around the most recent 30 days and changed -74.01 percent over the most recent 3-months.

If compared to the average trading volume of 938.46K shares, LICN reached to a volume of 184864681 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Lichen China Ltd [LICN]:

The Average True Range (ATR) for Lichen China Ltd is set at 0.29 The Price to Book ratio for the last quarter was 0.26, with the Price to Cash per share for the same quarter was set at 3.93.

LICN stock trade performance evaluation

Lichen China Ltd [LICN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -73.87. With this latest performance, LICN shares dropped by -75.81% in over the last four-week period, additionally sinking by -66.30% over the last 6 months – not to mention a drop of -68.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LICN stock in for the last two-week period is set at 22.46, with the RSI for the last a single of trading hit 17.28, and the three-weeks RSI is set at 26.43 for Lichen China Ltd [LICN]. The present Moving Average for the last 50 days of trading for this stock 1.8868, while it was recorded at 1.7477 for the last single week of trading, and 1.6173 for the last 200 days.

Lichen China Ltd [LICN]: An insightful look at the core fundamentals

Lichen China Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 17.51 and a Current Ratio set at 17.55.

Lichen China Ltd [LICN]: Institutional Ownership