Should Lichen China Ltd (NASDAQ: LICN) Rally After -2950.0% Drop From High?

EVTL

Lichen China Ltd (NASDAQ:LICN)’s traded shares stood at 12.35 million during the last session, with the company’s beta value hitting -1.00. At the close of trading, the stock’s price was $0.08, to imply an increase of 9.59% or $0.01 in intraday trading. The LICN share’s 52-week high remains $2.44, putting it -2950.0% down since that peak but still an impressive 12.5% since price per share fell to its 52-week low of $0.07. The company has a valuation of $6.97M, with an average of 14.5 million shares in intraday trading volume over the past 10 days and average of 16.20 million shares over the past 3 months.

Lichen China Ltd (NASDAQ:LICN) trade information

After registering a 9.59% upside in the last session, Lichen China Ltd (LICN) has traded red over the past five days. The 5-day price performance for the stock is -10.91%, and -57.89% over 30 days. With these gigs, the year-to-date price performance is -54.95%. Short interest in Lichen China Ltd (NASDAQ:LICN) saw shorts transact 1.24 million shares and set a 0.06 days time to cover.

LICN Dividends

Lichen China Ltd has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.