Finer Wealth Management Inc. acquired a new stake in SEALSQ Corp (NASDAQ:LAES - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 100,000 shares of the company's stock, valued at approximately $615,000. Finer Wealth Management Inc. owned approximately 0.11% of SEALSQ as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in LAES. Private Advisor Group LLC purchased a new stake in shares of SEALSQ in the fourth quarter worth approximately $84,000. SBI Securities Co. Ltd. bought a new position in shares of SEALSQ during the fourth quarter valued at about $707,000. Bravias Capital Group LLC purchased a new position in SEALSQ during the fourth quarter worth about $141,000. HUB Investment Partners LLC bought a new stake in SEALSQ in the 4th quarter worth about $115,000. Finally, Geode Capital Management LLC purchased a new stake in SEALSQ in the 4th quarter valued at about $79,000. Institutional investors and hedge funds own 1.25% of the company's stock.
SEALSQ Trading Down 5.2 %
Shares of NASDAQ LAES traded down $0.12 during midday trading on Monday, reaching $2.21. The company's stock had a trading volume of 2,155,181 shares, compared to its average volume of 14,161,473. The firm has a 50 day moving average price of $2.87 and a 200-day moving average price of $2.58. The company has a debt-to-equity ratio of 3.55, a current ratio of 3.58 and a quick ratio of 3.20. SEALSQ Corp has a 12-month low of $0.29 and a 12-month high of $11.00.
SEALSQ Company Profile
(
Free Report)
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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