In the latest trading session, 11.65 million SEALSQ Corp (NASDAQ:LAES) shares changed hands as the company’s beta touched -15.57. With the company’s most recent per share price at $3.69 changing hands around $0.37 or 11.14% at last look, the market valuation stands at $413.31M. LAES’s current price is a discount, trading about -198.1% off its 52-week high of $11.00. The share price had its 52-week low at $0.29, which suggests the last value was 92.14% up since then. When we look at SEALSQ Corp’s average trading volume, we note the 10-day average is 12.71 million shares, with the 3-month average coming to 43.62 million.
SEALSQ Corp (NASDAQ:LAES) trade information
Instantly LAES is in green as seen in intraday trades today. With action 41.92%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -40.00%, with the 5-day performance at 41.92% in the green. However, in the 30-day time frame, SEALSQ Corp (NASDAQ:LAES) is 1.37% up. Looking at the short shares, we see there were 13.11 million shares sold at short interest cover period of 0.71 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.75, meaning bulls need a downside of -110.86% from its recent market value. According to analyst projections, LAES’s forecast low is 1.75 with 1.75 as the target high. To hit the forecast high, the stock’s price needs a 52.57% surge from its current level, while the stock would need to tank 52.57% for it to hit the projected low.
SEALSQ Corp (NASDAQ:LAES)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.08% of SEALSQ Corp shares while 3.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.49%. With 12.91 shares estimated at $45912.0 under it, the former controlled 0.01% of total outstanding shares.