SEALSQ Corp. (NASDAQ:LAES - Get Free Report)'s stock price traded down 2% during mid-day trading on Wednesday . The stock traded as low as $3.72 and last traded at $3.89. 11,837,010 shares traded hands during trading, a decline of 30% from the average session volume of 16,822,693 shares. The stock had previously closed at $3.97.
SEALSQ Stock Performance
The company has a current ratio of 6.00, a quick ratio of 5.91 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average of $3.45 and a 200-day moving average of $3.62.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of SEALSQ during the first quarter valued at approximately $1,365,000. Rafferty Asset Management LLC bought a new stake in SEALSQ during the first quarter worth $530,000. Virtu Financial LLC bought a new stake in SEALSQ during the first quarter worth $359,000. LaSalle St. Investment Advisors LLC bought a new stake in SEALSQ during the first quarter worth $39,000. Finally, SBI Securities Co. Ltd. lifted its holdings in SEALSQ by 25.8% during the first quarter. SBI Securities Co. Ltd. now owns 144,561 shares of the company's stock worth $376,000 after acquiring an additional 29,625 shares during the period. Hedge funds and other institutional investors own 1.25% of the company's stock.
About SEALSQ
(
Get 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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