LICT (OTCMKTS:LICT) Stock Price Down 0.6% – Time to Sell?

LICT Corp. (OTCMKTS:LICTGet Free Report)’s share price fell 0.6% on Thursday . The stock traded as low as $12,000.00 and last traded at $12,000.00. Approximately 2 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 5 shares. The stock had previously closed at $12,077.00.

LICT Price Performance

The company has a 50 day simple moving average of $11,544.30 and a 200-day simple moving average of $11,399.44. The stock has a market cap of $192 million, a price-to-earnings ratio of 19.14 and a beta of 0.04.

LICT (OTCMKTS:LICTGet Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The company reported $119.00 earnings per share for the quarter. The firm had revenue of $35.72 million during the quarter.

LICT Company Profile

(Get Free Report)

LICT Corporation is a telecommunications holding company headquartered in Hudson, New York. Operating under the ticker OTCMKTS:LICT, the company specializes in the design, deployment and management of fiber‐based broadband, voice and managed network solutions. LICT serves a broad customer base that includes small and medium enterprises, government and educational institutions, as well as residential subscribers in rural and suburban communities.

The company’s service portfolio encompasses dark fiber leasing, point-to-point and ring-based fiber transport, high-speed Internet access, managed security and cloud connectivity solutions.

Further Reading

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