In the past week, LYT stock has gone up by 1.80%, with a monthly decline of -33.94% and a quarterly plunge of -59.32%. The volatility ratio for the week is 16.27%, and the volatility levels for the last 30 days are 23.58% for Lytus Technologies Holdings PTV Ltd The simple moving average for the past 20 days is -16.37% for LYT’s stock, with a -66.43% simple moving average for the past 200 days.
Is It Worth Investing in Lytus Technologies Holdings PTV Ltd (NASDAQ: LYT) Right Now?
The 36-month beta value for LYT is also noteworthy at 2.01.
The public float for LYT is 0.62M, and at present, short sellers hold a 19.94% of that float. The average trading volume of LYT on January 20, 2025 was 1.49M shares.
LYT) stock’s latest price update
Lytus Technologies Holdings PTV Ltd (NASDAQ: LYT) has experienced a rise in its stock price by 11.80 compared to its previous closing price of 0.64. However, the company has seen a gain of 1.80% in its stock price over the last five trading days. businesswire.com reported 2024-12-09 that BOSTON–(BUSINESS WIRE)–PureTech Presents Data for LYT-200 (anti-galectin-9 monoclonal antibody) for Relapsed/Refractory AML/MDS at the 2024 ASH Annual Meeting.
LYT Trading at -43.04% 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 -96.13% of loss for the given period.
Volatility was left at 23.58%, however, over the last 30 days, the volatility rate increased by 16.27%, as shares sank -39.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.14% lower at present.
During the last 5 trading sessions, LYT rose by +1.80%, which changed the moving average for the period of 200-days by -83.33% in comparison to the 20-day moving average, which settled at $0.8609. In addition, Lytus Technologies Holdings PTV Ltd saw -14.18% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LYT
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.26 for the gross margin
The net margin for Lytus Technologies Holdings PTV Ltd stands at 0.05. The total capital return value is set at 0.1.
Based on Lytus Technologies Holdings PTV Ltd (LYT), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24.
Currently, EBITDA for the company is 2.12 million with net debt to EBITDA at 1.04. When we switch over and look at the enterprise to sales, we see a ratio of 1.08. The receivables turnover for the company is 4.12for trailing twelve months and the total asset turnover is 0.58.
Conclusion
In summary, Lytus Technologies Holdings PTV Ltd (LYT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
