Lytus Technologies Holdings PTV Ltd [NASDAQ: LYT] gained 15.38% or 0.02 points to close at $0.18 with a heavy trading volume of 136592862 shares.
The daily chart for LYT points out that the company has recorded -89.53% loss over the past six months.
If we look at the average trading volume of 5.99M shares, LYT reached to a volume of 136592862 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Lytus Technologies Holdings PTV Ltd [LYT]:
The Average True Range (ATR) for Lytus Technologies Holdings PTV Ltd is set at 0.06 The Price to Book ratio for the last quarter was 0.06, with the Price to Cash per share for the same quarter was set at 0.01.
Trading performance analysis for LYT stock
Lytus Technologies Holdings PTV Ltd [LYT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.43. With this latest performance, LYT shares dropped by -35.58% in over the last four-week period, additionally sinking by -89.53% over the last 6 months – not to mention a drop of -97.93% 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 LYT stock in for the last two-week period is set at 29.02, with the RSI for the last a single of trading hit 34.44, and the three-weeks RSI is set at 27.60 for Lytus Technologies Holdings PTV Ltd [LYT]. The present Moving Average for the last 50 days of trading for this stock 0.4971, while it was recorded at 0.1627 for the last single week of trading, and 1.5775 for the last 200 days.
Lytus Technologies Holdings PTV Ltd [LYT]: A deeper dive into fundamental analysis
Lytus Technologies Holdings PTV Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.89 and a Current Ratio set at 0.89.
