SEALSQ Corp (NASDAQ:LAES) traded at $2.73 at close of the session on Tuesday, April 01 and made an upward move of 5.00% on its previous day’s price.
Looking at the stock we see that its previous close was $2.60 with the day’s price range being $2.51 – $2.79. In terms of its 52-week price range, LAES has a high of $11.00 and a low of $0.29. The company’s stock has gained about 20.26% over that past 30 days.
SEALSQ Corp has a market cap of $305.78 million and is expected to release its quarterly earnings report in May.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 14.2M, or 29.31% up from figures reported last year.
On the other hand, looking at the outlook for the LAES stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is -7.16% off its SMA20 and -16.84% from its 50-day simple moving average. The RSI (14) is pointing at 44.51 while the volatility over the past week is 8.17% and jumps to 11.61% over the past one month. The beta value is -14.66, while the average true range (ATR) is currently pointing at 0.37. The average price target for the stock over the next 12 months is $1.75, with the estimates having a low of $1.75 and a high of $1.75. These price ends are 35.9% and 35.9% off the current price level respectively, although investors could be excited at the prospect of a 35.9% if the LAES share price touches on the median price of $1.75.
Coming back to SEALSQ Corp (NASDAQ:LAES), we note that the average 3-month trading volume was 26.54 million, while that of the preceding 10-day period stands at 6.62 million. Current shares outstanding are 100.04 million.
The insiders hold 12.37% of the company’s shares while institutions hold 2.53%. The data shows that short shares as of 2025-03-14, stood at 12.34 million at a short ratio of 0.9. This represents a 1253.00 short interest in shares outstanding on 2025-03-14. Shares short fall in March from the previous month at 14.07 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -55.61% down in year-to-date price movement.
