The $6.15 Value Of SEALSQ Corp (NASDAQ: LAES) Should Not Be Underestimated

During the last session, SEALSQ Corp (NASDAQ:LAES)’s traded shares were 59.77 million, with the beta value of the company hitting -27.83. At the end of the trading day, the stock’s price was $6.15, reflecting an intraday loss of -28.24% or -$2.42. The 52-week high for the LAES share is $11.00, that puts it down -78.86 from that peak though still a striking 95.28% gain since the share price plummeted to a 52-week low of $0.29. The company’s market capitalization is $431.22M, and the average intraday trading volume over the past 10 days was 91.96 million shares, and the average trade volume was 27.60 million shares over the past three months.

SEALSQ Corp (NASDAQ:LAES) trade information

SEALSQ Corp (LAES) registered a -28.24% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -28.24% in intraday trading to $6.15, hitting a weekly high. The stock’s 5-day price performance is 25.51%, and it has moved by 1382.28% in 30 days. Based on these gigs, the overall price performance for the year is 380.47%. The short interest in SEALSQ Corp (NASDAQ:LAES) is 9.0 million shares and it means that shorts have 0.3 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.75, which implies a decrease of -251.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.75 and $1.75 respectively. As a result, LAES is trading at a premium of 71.54% off the target high and 71.54% off the low.

SEALSQ Corp (LAES) estimates and forecasts

In the rating firms’ projections, revenue will decrease -58.41% compared to the previous financial year.

LAES Dividends

SEALSQ Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.