SEALSQ Corp (NASDAQ:LAES - Get Free Report) saw some unusual options trading activity on Wednesday. Traders acquired 18,575 call options on the stock. This is an increase of 173% compared to the typical volume of 6,806 call options.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in LAES. LaSalle St. Investment Advisors LLC bought a new position in SEALSQ during the first quarter valued at approximately $39,000. Geode Capital Management LLC bought a new position in shares of SEALSQ during the 4th quarter valued at approximately $79,000. Private Advisor Group LLC purchased a new position in shares of SEALSQ in the fourth quarter valued at $84,000. HUB Investment Partners LLC purchased a new position in shares of SEALSQ in the fourth quarter valued at $115,000. Finally, Bravias Capital Group LLC bought a new stake in SEALSQ in the fourth quarter worth $141,000. Hedge funds and other institutional investors own 1.25% of the company's stock.
SEALSQ Price Performance
NASDAQ LAES traded down $0.23 on Monday, reaching $3.48. The company had a trading volume of 27,684,505 shares, compared to its average volume of 15,469,953. SEALSQ has a 12 month low of $0.29 and a 12 month high of $11.00. The company has a debt-to-equity ratio of 3.55, a quick ratio of 3.20 and a current ratio of 3.58. The firm's 50 day moving average price is $2.66 and its 200 day moving average price is $2.97.
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.
Read More
Before you consider SEALSQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEALSQ wasn't on the list.
While SEALSQ currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.