Lytus Technologies Holdings PTV Ltd (NASDAQ:LYT) price on Thursday, March 20, rose 5.49% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.07.
A look at the stock’s price movement, the close in the last trading session was $0.06, moving within a range at $0.059 and $0.0744. The beta value (5-Year monthly) was 2.219. Turning to its 52-week performance, $5.85 and $0.06 were the 52-week high and 52-week low respectively. Overall, LYT moved -81.33% over the past month.
Lytus Technologies Holdings PTV Ltd’s market cap currently stands at around $2.09 million, with investors looking forward to this quarter’s earnings report slated for in April.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LYT is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
LYT’s current price about -56.54% and -82.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 20.87, while 7-day volatility ratio is 30.55% and 26.89% in the 30-day chart. Further, Lytus Technologies Holdings PTV Ltd (LYT) has a beta value of 2.53, and an average true range (ATR) of 0.05.
If we refocus on Lytus Technologies Holdings PTV Ltd (NASDAQ:LYT), historical trading data shows that trading volumes averaged 46.13 over the past 10 days and 13.40 million over the past 3 months. The company’s latest data on shares outstanding shows there are 31.11 million shares.
The 5.45% of Lytus Technologies Holdings PTV Ltd’s shares are in the hands of company insiders while institutional holders own 0.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.13 million on 2025-02-28, giving us a short ratio of 0.01. The data shows that as of 2025-02-28 short interest in Lytus Technologies Holdings PTV Ltd (LYT) stood at 43.0 of shares outstanding, with shares short rising to 62230.0 registered in 2025-01-31. Current price change has pushed the stock -91.99% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LYT stock continues to rise going into the next quarter.
