How have the shares performed?
Lianluo Smart Limited (LLIT) saw an uptrend of 6.47% in the recent trading with $7.40 being its most recent. The current price level -56.83% lower than the highest price of $17.14 marked by the stock while trading over the past 52-weeks, whereas it is 168.12% higher than the lowest price of $2.76 the company dropped to over past 52-weeks. The latest news story on LLIT appeared in Business Wire under the title “LIANLUO SMART INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Lianluo Smart Limited – LLIT” on Oct-28-20.
Squeezing the time span to 30 day period shows us the stock is currently trading -41.64% below one month high and is +23.13% above of the lowest during that time. Looking into the simple moving average, Lianluo Smart Limited (LLIT)’s stock stands at a SMA-50 of $9.21 while that of 5-day is reading $6.93.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and LLIT’s SMA-200 as of now is $5.94.
Lianluo Smart Limited Earnings – What Happened With LLIT
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $19.4 million.
LLIT – Lianluo Smart Limited Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 3.60 million. LLIT does have institutional investors; and they hold 6.60% of the stock.
Lianluo Smart Limited – Insider Activity and Holdings
As on Dec 31, 2020, Renaissance Technologies, LLC was the top most holder in Lianluo Smart Limited (NASDAQ:LLIT) with an ownership of 44540.0 shares of the company or 1.29% of the stake worth $0.18 million. The filing also reveals UBS Group AG as the second largest holder in the company with a control over 0.01% of the outstanding shares. Its stake is worth $2149.0 for having 518.0 shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Lianluo Smart Limited was 2.20 while posting a debt to equity ratio of 0.64.
Lianluo Smart Limited’s return on equity, or ROE, is -235.90%, compared to the industry average of 0.45% for Healthcare – Medical Devices. Although this indicates that LLIT fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Lianluo Smart Limited (NASDAQ:LLIT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Lianluo Smart Limited (LLIT), we notice that the stock’s 20-day average volume is at 661,890 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 417,056 shares. And to end, LLIT’s 100-day average volume is 861,317 shares with 50% of the long-term indicators pointing towards Buy for the stock.