Lichen China Ltd [NASDAQ: LICN] stock went on an upward path that rose over 3.26% on Friday, amounting to a one-week price increase of more than 2.21%.
Over the last 12 months, LICN stock dropped by -89.78%.
The market cap for the stock reached $17.09 million, with 37.75 million shares outstanding and 23.83 million shares in the current float. Compared to the average trading volume of 11.77M shares, LICN stock reached a trading volume of 18467887 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lichen China Ltd [LICN]:
The Average True Range (ATR) for Lichen China Ltd is set at 0.11 The Price to Book ratio for the last quarter was 0.10, with the Price to Cash per share for the same quarter was set at 0.38.
LICN Stock Performance Analysis:
Lichen China Ltd [LICN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.21. With this latest performance, LICN shares dropped by -90.73% in over the last four-week period, additionally sinking by -88.34% over the last 6 months – not to mention a drop of -89.78% 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 24.92, with the RSI for the last a single of trading hit 25.11, and the three-weeks RSI is set at 26.90 for Lichen China Ltd [LICN]. The present Moving Average for the last 50 days of trading for this stock 1.3068, while it was recorded at 0.1944 for the last single week of trading, and 1.5305 for the last 200 days.
Insight into Lichen China Ltd 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.
