LICT (OTCMKTS:LICT) Stock Price Down 1.4% – Should You Sell?

Shares of LICT Corp. (OTCMKTS:LICT) fell 1.4% during mid-day trading on Thursday . The company traded as low as $10,850.00 and last traded at $10,850.00. 1 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 3 shares. The stock had previously closed at $11,000.00.

LICT Stock Down 1.4%

The company has a market capitalization of $217 million, a P/E ratio of 14.20 and a beta of 0.06. The business has a 50 day simple moving average of $11,219.55 and a 200-day simple moving average of $11,062.52.

LICT (OTCMKTS:LICT) last posted its earnings results on Thursday, March 19th. The company reported $77.00 earnings per share (EPS) for the quarter. The company 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.