LICT (OTCMKTS:LICT) Trading Down 0.6% – What’s Next?

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

LICT Stock Down 0.6%

The firm has a market cap of $240 million, a price-to-earnings ratio of 19.14 and a beta of 0.04. The company’s fifty day moving average is $11,519.30 and its 200 day moving average is $11,395.21.

LICT (OTCMKTS:LICT) last posted its quarterly earnings data on Wednesday, June 24th. The company reported $119.00 EPS for the quarter. The business had revenue of $35.72 million for the quarter.

About LICT

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.