LICT (OTCMKTS:LICT) Trading Up 10.4% – Here’s What Happened

Shares of LICT Corp. (OTCMKTS:LICTGet Free Report) rose 10.4% during trading on Wednesday . The stock traded as high as $12,699.00 and last traded at $12,699.00. 7 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 12 shares. The stock had previously closed at $11,500.00.

LICT Stock Performance

The company has a market capitalization of $253.98 million, a PE ratio of 15.26 and a beta of 0.03. The company’s 50-day simple moving average is $11,671.26 and its 200-day simple moving average is $11,482.03.

LICT (OTCMKTS:LICTGet Free Report) last announced its earnings results on Tuesday, August 11th. The company reported $403.00 earnings per share for the quarter. The business had revenue of $40.56 million for the quarter.

About LICT

(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.

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