SEALSQ Corp (LAES) Shares Plummet Below 1-Year High

The stock price of SEALSQ Corp (NASDAQ: LAES) has dropped by -4.14 compared to previous close of 0.36. Despite this, the company has seen a fall of -27.16% in its stock price over the last five trading days. globenewswire.com reported 2024-08-12 that Geneva, Switzerland, Aug. 12, 2024 (GLOBE NEWSWIRE) — Following the design phase and production, and test of the first proof-of-concept, the QS7001 engineering samples are being produced and expected to be ready to order as soon as Q4 2024, while the TPM version should be ready by end of year-end; in discussions with large electronic manufacturers to develop custom quantum-resistant chips.

Is It Worth Investing in SEALSQ Corp (NASDAQ: LAES) Right Now?

Additionally, the 36-month beta value for LAES is 3.68. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for LAES is 14.93M and currently, short sellers hold a 5.55% ratio of that float. The average trading volume of LAES on August 13, 2024 was 316.61K shares.

LAES’s Market Performance

The stock of SEALSQ Corp (LAES) has seen a -27.16% decrease in the past week, with a -55.75% drop in the past month, and a -70.61% fall in the past quarter. The volatility ratio for the week is 21.84%, and the volatility levels for the past 30 days are at 12.18% for LAES. The simple moving average for the past 20 days is -44.97% for LAES’s stock, with a -74.03% simple moving average for the past 200 days.

LAES Trading at -57.31% from the 50-Day Moving Average

After a stumble in the market that brought LAES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.63% of loss for the given period.

Volatility was left at 12.18%, however, over the last 30 days, the volatility rate increased by 21.84%, as shares sank -54.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -70.81% lower at present.

During the last 5 trading sessions, LAES fell by -27.16%, which changed the moving average for the period of 200-days by -75.02% in comparison to the 20-day moving average, which settled at $0.6148. In addition, SEALSQ Corp saw -72.68% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for LAES

Current profitability levels for the company are sitting at:

  • -0.06 for the present operating margin
  • 0.46 for the gross margin

The net margin for SEALSQ Corp stands at -0.11. The total capital return value is set at -0.1. Equity return is now at value -115.29, with -12.64 for asset returns.

Based on SEALSQ Corp (LAES), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.22. The debt to equity ratio resting at 3.06. The interest coverage ratio of the stock is -1.75.

Currently, EBITDA for the company is -1.31 million with net debt to EBITDA at -6.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 5.86for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.32.

Conclusion

In conclusion, SEALSQ Corp (LAES) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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