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NASDAQ:LYT

Lytus Technologies Holdings PTV. (LYT) Stock Price, News & Analysis

Lytus Technologies Holdings PTV. logo
$1.05 +0.05 (+4.48%)
(As of 12/20/2024 05:45 PM ET)

About Lytus Technologies Holdings PTV. Stock (NASDAQ:LYT)

Key Stats

Today's Range
$0.94
$3.20
50-Day Range
$1.01
$2.32
52-Week Range
$0.94
$18.62
Volume
54.85 million shs
Average Volume
838,275 shs
Market Capitalization
$1.96 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.

Lytus Technologies Holdings PTV. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
16th Percentile Overall Score

LYT MarketRank™: 

Lytus Technologies Holdings PTV. scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Lytus Technologies Holdings PTV..

  • Price to Book Value per Share Ratio

    Lytus Technologies Holdings PTV. has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.91% of the float of Lytus Technologies Holdings PTV. has been sold short.
  • Short Interest Ratio / Days to Cover

    Lytus Technologies Holdings PTV. has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lytus Technologies Holdings PTV. has recently increased by 39.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Lytus Technologies Holdings PTV. does not currently pay a dividend.

  • Dividend Growth

    Lytus Technologies Holdings PTV. does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.91% of the float of Lytus Technologies Holdings PTV. has been sold short.
  • Short Interest Ratio / Days to Cover

    Lytus Technologies Holdings PTV. has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lytus Technologies Holdings PTV. has recently increased by 39.88%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Lytus Technologies Holdings PTV. has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Lytus Technologies Holdings PTV. this week, compared to 0 articles on an average week.
  • Search Interest

    1 people have searched for LYT on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lytus Technologies Holdings PTV. insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    84.90% of the stock of Lytus Technologies Holdings PTV. is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 0.41% of the stock of Lytus Technologies Holdings PTV. is held by institutions.

  • Read more about Lytus Technologies Holdings PTV.'s insider trading history.
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LYT Stock News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Why Is Lytus Technologies (LYT) Stock Up 109% Today?
See More Headlines

LYT Stock Analysis - Frequently Asked Questions

Lytus Technologies Holdings PTV.'s stock was trading at $6.66 at the beginning of 2024. Since then, LYT shares have decreased by 84.2% and is now trading at $1.05.
View the best growth stocks for 2024 here
.

Lytus Technologies Holdings PTV. shares reverse split before market open on Friday, February 23rd 2024. The 1-60 reverse split was announced on Friday, February 23rd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, February 23rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

Lytus Technologies Holdings PTV. (LYT) raised $6 million in an initial public offering (IPO) on Wednesday, June 15th 2022. The company issued 2,609,474 shares at a price of $4.75-$0.00 per share.

Shares of LYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Lytus Technologies Holdings PTV. investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), AppLovin (APP), Jabil (JBL) and Arista Networks (ANET).

Company Calendar

Today
12/22/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Current Symbol
NASDAQ:LYT
Fax
N/A
Employees
3
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$21.36 million
Cash Flow
$0.86 per share
Book Value
$10.23 per share

Miscellaneous

Free Float
281,000
Market Cap
$1.96 million
Optionable
Not Optionable
Beta
1.79
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This page (NASDAQ:LYT) was last updated on 12/22/2024 by MarketBeat.com Staff
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