Will SEALSQ Corp (LAES) Future Potential Be Hindered By Price Volatility?

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SEALSQ Corp (NASDAQ:LAES) has a beta value of -20.71 and has seen 11.56 million shares traded in the last trading session. The company, currently valued at $117.87M, closed the last trade at $3.31 per share which meant it lost -$0.33 on the day or -9.07% during that session. The LAES stock price is -232.33% off its 52-week high price of $11.00 and 91.24% above the 52-week low of $0.29. If we look at the company’s 10-day average daily trading volume, we find that it stood at 20.26 million shares traded. The 3-month trading volume is 49.14 million shares.

SEALSQ Corp (NASDAQ:LAES) trade information

Sporting -9.07% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LAES stock price touched $3.31 or saw a rise of 25.28%. Year-to-date, SEALSQ Corp shares have moved -46.18%, while the 5-day performance has seen it change -17.87%. Over the past 30 days, the shares of SEALSQ Corp (NASDAQ:LAES) have changed -27.41%. Short interest in the company has seen 12.27 million shares shorted with days to cover at 0.24.

Wall Street analysts have a consensus price target for the stock at $1.75, which means that the shares’ value could drop -89.14% from current levels. The projected low price target is $1.75 while the price target rests at a high of $1.75. In that case, then, we find that the current price level is 47.13% off the targeted high while a plunge would see the stock lose 47.13% from current levels.

SEALSQ Corp (LAES) estimates and forecasts

The company’s shares have gained 770.82% over the past 6 months.

LAES Dividends

SEALSQ Corp is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.