SEALSQ (NASDAQ:LAES) Trading Down 2.1%

SEALSQ Corp (NASDAQ:LAES) fell 2.1% on Wednesday . The company traded as low as $0.45 and last traded at $0.47. 411,104 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 2,540,931 shares. The stock had previously closed at $0.48.

SEALSQ Price Performance

The company has a debt-to-equity ratio of 2.56, a quick ratio of 1.72 and a current ratio of 2.33. The firm’s 50-day simple moving average is $0.58 and its 200-day simple moving average is $1.01.

Institutional Trading of SEALSQ

An institutional investor recently bought a new position in SEALSQ stock. Anson Funds Management LP purchased a new stake in shares of SEALSQ Corp (NASDAQ:LAES) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 649,533 shares of the company’s stock, valued at approximately $1,007,000. Anson Funds Management LP owned 3.83% of SEALSQ as of its most recent SEC filing. Institutional investors own 1.25% of the company’s stock.

SEALSQ Company Profile

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.