Currently, Luokung Technology Corp’s (LKCO) stock is trading at $1.70, marking a fall of -0.58% from last night’s close. At this price, the stock is -78.75% below its 52-week high of $8.00 and 19.21% above its 52-week low of $1.43. Based on the past 30-day period, the stock price is -27.88% below the high and +14.30% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, LKCO’s SMA-200 is $4.0139.
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As well, it is important to consider LKCO stock ratios such as price-to-sales, which is currently 0.34.
How does Luokung Technology Corp (LKCO) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Luokung Technology Corp (NASDAQ: LKCO) Ownership Details
I will give a breakdown of the key shareholders in Luokung Technology Corp (LKCO). Recent figures show that the company’s insiders hold 0.65% of shares. A total of 4 institutional investors hold shares in the company, making 1.50% of its stock and 1.51% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Sicart Associates LLC holding total of 21.17 shares that make 0.97% of the company’s total number of shares and are currently priced at 35145.0.
The securities firm Banque Cantonale Vaudoise holds 15.43 shares of LKCO, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.70%, and the holding percentage of shares is valued at 25605.0.
An overview of Luokung Technology Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Luokung Technology Corp (LKCO) traded 130,479 shares per day, with a moving average of $1.6696 and price change of -0.0100. With the moving average of $1.7792 and a price change of -0.2300, about 69,418 shares changed hands on average over the past 50 days. Finally, LKCO’s 100-day average volume is 61,243 shares, alongside a moving average of $2.9206 and a price change of -2.4740.
