Lichen International (NASDAQ:LICN) Raised to Sell at Wall Street Zen

Lichen International (NASDAQ:LICN) was upgraded by equities research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday.

Separately, Weiss Ratings downgraded Lichen International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Lichen International Stock Performance

LICN stock opened at $1.22 on Friday. The company has a fifty day simple moving average of $3.04 and a two-hundred day simple moving average of $3.37. Lichen International has a 52 week low of $0.75 and a 52 week high of $9.49.

Lichen International (NASDAQ:LICN) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $14.18 EPS for the quarter. The business had revenue of $5.13 million during the quarter.

Lichen International Company Profile

Lichen China Limited, together with its subsidiaries, operates as an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China and internationally. The company offers financial and taxation related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as sells teaching and learning materials.