Shares of SEALSQ Corp (NASDAQ:LAES - Get Free Report) rose 15.6% during trading on Monday . The stock traded as high as $9.50 and last traded at $9.41. Approximately 25,299,149 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 51,369,391 shares. The stock had previously closed at $8.14.
Analyst Ratings Changes
Separately, Maxim Group lowered their price target on SEALSQ from $2.25 to $1.75 and set a "buy" rating for the company in a report on Friday, September 27th.
Read Our Latest Stock Report on LAES
SEALSQ Trading Down 5.0 %
The company has a debt-to-equity ratio of 3.55, a current ratio of 3.58 and a quick ratio of 3.20. The business's fifty day moving average price is $2.04 and its two-hundred day moving average price is $1.09.
SEALSQ Company Profile
(
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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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