SEALSQ Corp (NASDAQ:LAES) has a beta value of -13.26 and has seen 11.41 million shares traded in the last trading session. The company, currently valued at $441.06M, closed the last trade at $3.62 per share which meant it lost -$0.33 on the day or -8.48%% during that session. The LAES stock price is -203.87% off its 52-week high price of $11.00 and 91.99% 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 13.86 million shares traded. The 3-month trading volume is 10.35 million shares.
SEALSQ Corp (NASDAQ:LAES) trade information
Sporting -8.48%% 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 $3.62 or saw a rise of 12.14%. Year-to-date, SEALSQ Corp shares have moved 277.70%, while the 5-day performance has seen it change -8.25%. Over the past 30 days, the shares of SEALSQ Corp (NASDAQ:LAES) have changed 4.78%. Short interest in the company has seen 14.76 million shares shorted with days to cover at 0.9.
Wall Street analysts have a consensus price target for the stock at $1.75, which means that the shares’ value could drop -106.86% 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 51.66% off the targeted high while a plunge would see the stock lose 51.66% from current levels.
SEALSQ Corp (LAES) estimates and forecasts
The company’s shares have gained 21.31% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 29.31%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1.11% over the past 5 years.
LAES Dividends
SEALSQ Corp is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SEALSQ Corp (NASDAQ:LAES)’s Major holders
Insiders own 5.24% of the company shares, while shares held by institutions stand at 3.62% with a share float percentage of 3.82%. Investors are also buoyed by the number of investors in a company, with SEALSQ Corp having a total of 44.0 institutions that hold shares in the company. The top two institutional holders are ANSON FUNDS MANAGEMENT LP with over 0.65 million shares worth more than $0.53 million. As of 2024-06-30, ANSON FUNDS MANAGEMENT LP held 4.293% of shares outstanding.
The other major institutional holder is XTX TOPCO LTD, with the holding of over 25589.0 shares as of 2024-06-30. The firm’s total holdings are worth over $20904.0 and represent 0.1691% of shares outstanding.
