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SEALSQ (NASDAQ:LAES) Trading Down 7.2% - Should You Sell?

SEALSQ logo with Computer and Technology background

SEALSQ Corp (NASDAQ:LAES - Get Free Report)'s stock price dropped 7.2% on Monday . The stock traded as low as $3.81 and last traded at $3.99. Approximately 15,729,904 shares traded hands during trading, a decline of 73% from the average daily volume of 58,850,098 shares. The stock had previously closed at $4.30.

SEALSQ Stock Down 6.5 %

The company has a current ratio of 3.58, a quick ratio of 3.20 and a debt-to-equity ratio of 3.55. The business's 50-day simple moving average is $3.53 and its 200-day simple moving average is $1.57.

About SEALSQ

(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.

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