SEALSQ Corp. (NASDAQ:LAES - Get Free Report)'s share price fell 2% during trading on Wednesday . The company 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 Price Performance
The stock has a fifty day moving average of $3.42 and a 200 day moving average of $3.61. The company has a current ratio of 6.00, a quick ratio of 5.91 and a debt-to-equity ratio of 0.04.
Institutional Trading of SEALSQ
Institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC acquired a new stake in shares of SEALSQ in the fourth quarter worth $79,000. LaSalle St. Investment Advisors LLC acquired a new stake in SEALSQ during the 1st quarter worth about $39,000. HUB Investment Partners LLC purchased a new position in shares of SEALSQ during the 4th quarter valued at about $115,000. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of SEALSQ by 324.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 76,709 shares of the company's stock valued at $199,000 after buying an additional 58,650 shares during the period. Finally, Millennium Management LLC purchased a new stake in shares of SEALSQ in the fourth quarter worth about $535,000. 1.25% of the stock is currently owned by institutional investors and hedge funds.
SEALSQ Company Profile
(
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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