Lichen International (NASDAQ:LICN) Trading Down 3.6% – What’s Next?

by · The Markets Daily

Shares of Lichen International Limited (NASDAQ:LICN – Get Free Report) traded down 3.6% on Thursday . The stock traded as low as $3.23 and last traded at $3.25. 6,176 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 62,053 shares. The stock had previously closed at $3.37.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Lichen International in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Lichen International

Lichen International Price Performance

The company has a 50-day moving average of $3.65 and a 200-day moving average of $4.18.

Lichen International Company Profile

(Get Free Report)

Lichen China Limited, together with its subsidiaries, operates as an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China and internationally. The company offers financial and taxation related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as sells teaching and learning materials.

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