Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT – Get Free Report)’s stock price dropped 12.6% on Wednesday . The company traded as low as $1.02 and last traded at $1.04. Approximately 128,545 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 619,996 shares. The stock had previously closed at $1.19.
Lytus Technologies Holdings PTV. Stock Performance
The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average of $1.63 and a 200-day moving average of $1.90.
Lytus Technologies Holdings PTV. Company Profile
Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.
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