SEALSQ Corp (NASDAQ: LAES) stock fell -4.20% on Monday to $1.14 against a previous-day closing price of $1.19. With 0.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 81340.0 shares. The 52-week range on LAES shows that it touched its highest point at $28.50 and its lowest point at $1.09 during that stretch.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LAES was down-trending over the past week, with a drop of -6.63%, but this was down by -19.72% over a month. Three-month performance dropped to -80.24% while six-month performance fell -92.60%.
Float and Shares Shorts:
On Oct 30, 2023, short shares totaled 91580.0, which was 1.00% higher than short shares on Sep 28, 2023. In addition to Mr. Carlos Creus Moreira as the firm’s Chairman of the Board of Directors & CEO, Mr. Peter Ward serves as its CFO & Executive Director.
Institutional Ownership:
Through their ownership of 0.83% of LAES’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.32% of LAES, in contrast to 0.26% held by mutual funds. As the largest shareholder in LAES with 0.79% of the stake, Susquehanna Financial Group LLLP holds 59,469 shares worth 59,469. A second-largest stockholder of LAES, Citadel Securities LLC, holds 28,873 shares, controlling over 0.38% of the firm’s shares. Five Arrows Managers LLP is the third largest shareholder in LAES, holding 14,670 shares or 0.20% stake. With a 0.20% stake in LAES, the R-co 2 SICAV – Thematic Blockchai is the largest stakeholder. A total of 14,670 shares are owned by the mutual fund manager. The iShares Core SPI, which owns about 0.02% of LAES stock, is the second-largest Mutual Fund holder. It holds 1,801 shares valued at 2601.0. Swisscanto holds 0.02% of the stake in LAES, owning 1,115 shares worth 1610.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LAES since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.