LICT Corp. (OTCMKTS:LICT – Get Free Report) shot up 7.8% during mid-day trading on Thursday . The company traded as high as $11,700.00 and last traded at $11,700.00. Approximately 1 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 7 shares. The stock had previously closed at $10,850.00.
LICT Price Performance
The company’s 50-day moving average price is $11,038.79 and its two-hundred day moving average price is $11,164.95. The company has a market capitalization of $234 million, a price-to-earnings ratio of 15.31 and a beta of 0.05.
LICT (OTCMKTS:LICT – Get Free Report) last released its earnings results on Thursday, March 19th. The company reported $77.00 earnings per share (EPS) for the quarter. The firm had revenue of $36.30 million during the quarter.
LICT Company Profile
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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