Is SEALSQ Corp (NASDAQ: LAES) Stock Poised for More Growth?

In the last trading session, 5.67 million SEALSQ Corp (NASDAQ:LAES) shares changed hands as the company’s beta touched -12.81. With the company’s per share price at $2.35 changed hands at -$0.2 or -7.84% during last session, the market valuation stood at $263.22M. LAES’s last price was a discount, traded about -368.09% 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 87.66% up since then. When we look at SEALSQ Corp’s average trading volume, we note the 10-day average is 5.53 million shares, with the 3-month average coming to 24.15 million.

SEALSQ Corp (NASDAQ:LAES) trade information

Instantly LAES was in red as seen at the end of in last trading. With action -10.65%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -61.79%, with the 5-day performance at -10.65% in the red. However, in the 30-day time frame, SEALSQ Corp (NASDAQ:LAES) is -12.31% down. Looking at the short shares, we see there were 12.34 million shares sold at short interest cover period of 0.9 days.

The consensus price target for the stock as assigned by Wall Street analysts is 1.75, meaning bulls need a downside of -34.29% from its current 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 25.53% surge from its current level, while the stock would need to tank 25.53% for it to hit the projected low.

SEALSQ Corp (LAES) estimates and forecasts

Year-over-year growth is forecast to reach 29.31% up from the last financial year.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.11%.

LAES Dividends

SEALSQ Corp is expected to release its next quarterly earnings report in May.

SEALSQ Corp (NASDAQ:LAES)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 5.74% of SEALSQ Corp shares while 3.15% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.34%.