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A Lesson to Learn: Lytus Technologies Holdings PTV. Ltd. (LYT)

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) went up by 115.22% from its latest closing price compared to the recent 1-year high of $47.06. The company’s stock price has collected 4.28% of gains in the last five trading sessions.

Is It Worth Investing in Lytus Technologies Holdings PTV. Ltd. (NASDAQ :LYT) Right Now?

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) scored a price-to-earnings ratio above its average ratio, recording 19.75 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Lytus Technologies Holdings PTV. Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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LYT currently public float of 5.31M and currently shorts hold a 0.68% ratio of that float. Today, the average trading volume of LYT was 66.44K shares.

LYT’s Market Performance

LYT stocks went up by 4.28% for the week, with a monthly jump of 6.11% and a quarterly performance of -32.49%. The volatility ratio for the week stands at 16.69% while the volatility levels for the past 30 days are set at 15.30% for Lytus Technologies Holdings PTV. Ltd. The simple moving average for the period of the last 20 days is 155.58% for LYT stocks with a simple moving average of -49.80% for the last 200 days.

LYT Trading at 112.90% from the 50-Day Moving Average

After a stumble in the market that brought LYT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.39% of loss for the given period.

Volatility was left at 15.30%, however, over the last 30 days, the volatility rate increased by 16.69%, as shares surge +184.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +91.91% upper at present.

During the last 5 trading sessions, LYT rose by +143.42%, in comparison to the 20-day moving average, which settled at $0.7251. In addition, Lytus Technologies Holdings PTV. Ltd. saw 38.55% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for LYT

Current profitability levels for the company are sitting at:

  • -29041.58 for the present operating margin
  • -24042.08 for the gross margin

The net margin for Lytus Technologies Holdings PTV. Ltd. stands at -770.43.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.

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