Lytus Technologies Holdings PTV Ltd (NASDAQ: LYT): Would You Buy Today?

In the last trading session, 1.22 million shares of the Lytus Technologies Holdings PTV Ltd (NASDAQ:LYT) were traded, and its beta was 1.88. Most recently the company’s share price was $0.95, and it changed around -$0.03 or -2.95% from the last close, which brings the market valuation of the company to $1.72M. LYT currently trades at a discount to its 52-week high of $18.62, offering almost -1860.0% off that amount. The share price’s 52-week low was $0.85, which indicates that the current value has risen by an impressive 10.53% since then. We note from Lytus Technologies Holdings PTV Ltd’s average daily trading volume that its 10-day average is 8.12 million shares, with the 3-month average coming to 1.34 million.

Lytus Technologies Holdings PTV Ltd (NASDAQ:LYT) trade information

Instantly LYT has showed a red trend with a performance of -2.95% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.2000 on recent trading dayincreased the stock’s daily price by 70.31%. The company’s shares are currently down -85.72% year-to-date, but still down -5.36% over the last five days. On the other hand, Lytus Technologies Holdings PTV Ltd (NASDAQ:LYT) is -39.42% down in the 30-day period. We can see from the shorts that 21338.0 shares have been sold at a short interest cover period of 0.27 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -46.92%.

LYT Dividends

Lytus Technologies Holdings PTV Ltd’s next quarterly earnings report is expected to be released in January.