LICT Corp. (OTCMKTS:LICT – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 27 shares, a decline of 54.2% from the August 31st total of 59 shares. Based on an average daily volume of 7 shares, the short-interest ratio is currently 3.9 days. Approximately 0.2% of the shares of the company are sold short.
LICT Price Performance
Shares of LICT stock traded up $250.00 during trading hours on Tuesday, hitting $13,800.00. 5 shares of the company’s stock traded hands, compared to its average volume of 99. LICT has a 12-month low of $9,800.00 and a 12-month high of $14,000.00. The stock has a market capitalization of $276 million, a price-to-earnings ratio of 16.59 and a beta of 0.03. The company has a fifty day simple moving average of $12,014.54 and a 200-day simple moving average of $11,642.90.
LICT (OTCMKTS:LICT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $403.00 earnings per share for the quarter. The company had revenue of $40.56 million during the quarter.
About LICT
LICT Corporation (OTCMKTS:LICT) is a holding company focused primarily on providing telecommunications services to customers in rural and underserved communities in the United States. Through its operating subsidiaries, the company offers local and long-distance telephone service, broadband internet access, and related communications services.
LICT’s business activities have historically centered on owning and operating rural telephone companies and local exchange networks. Depending on the subsidiary and market, its services may also include video or television offerings, wireless communications, network transport, and other technology-related services supporting residential, business, and institutional customers.
The company is headquartered in Rye Brook, New York, and serves geographically dispersed markets through its portfolio of telecommunications operations.
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