SEALSQ Corp (NASDAQ:LAES - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $8.89 and last traded at $8.57, with a volume of 121853829 shares traded. The stock had previously closed at $5.47.
Wall Street Analysts Forecast Growth
Separately, Maxim Group reduced their target price on SEALSQ from $2.25 to $1.75 and set a "buy" rating for the company in a research note on Friday, September 27th.
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SEALSQ Trading Up 60.1 %
The company has a current ratio of 3.58, a quick ratio of 3.20 and a debt-to-equity ratio of 3.55. The stock's 50-day simple moving average is $0.99 and its 200-day simple moving average is $0.75.
About SEALSQ
(
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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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