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SEALSQ (NASDAQ:LAES) Shares Gap Up - Should You Buy?

SEALSQ logo with Computer and Technology background

SEALSQ Corp (NASDAQ:LAES - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $6.15, but opened at $6.86. SEALSQ shares last traded at $8.22, with a volume of 47,343,073 shares trading hands.

Analyst Ratings Changes

Separately, Maxim Group dropped their price target on SEALSQ from $2.25 to $1.75 and set a "buy" rating for the company in a research note on Friday, September 27th.

Get Our Latest Report on SEALSQ

SEALSQ Trading Up 41.0 %

The business's 50-day simple moving average is $1.88 and its 200 day simple moving average is $1.04. The company has a debt-to-equity ratio of 3.55, a quick ratio of 3.20 and a current ratio of 3.58.

SEALSQ Company Profile

(Get Free Report)

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.

Further Reading

Should You Invest $1,000 in SEALSQ Right Now?

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