LICT (OTCMKTS:LICT) Stock Price Up 10.4% – What’s Next?

Shares of LICT Corp. (OTCMKTS:LICT) shot up 10.4% on Wednesday . The company traded as high as $12,699.00 and last traded at $12,699.00. Approximately 7 shares traded hands during trading, a decline of 41% from the average session volume of 12 shares. The stock had previously closed at $11,500.00.

LICT Stock Up 10.4%

The stock has a market capitalization of $253.98 million, a P/E ratio of 15.26 and a beta of 0.03. The company has a 50-day moving average price of $11,651.28 and a two-hundred day moving average price of $11,471.13.

LICT (OTCMKTS:LICT) last released its quarterly earnings data on Tuesday, August 11th. The company reported $403.00 EPS for the quarter. The firm had revenue of $40.56 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.