How to Buy Lichen China Stock
Lichen China Ltd
Lichen China Limited, an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China.
Lichen China stock last closed at $3.46, down 1.98% from the previous day, and has decreased 98.21% in one year. It has underperformed other stocks in the Specialty Business Services industry by 0.73 percentage points. Lichen China stock is currently +33.08% from its 52-week low of $2.60, and -99.29% from its 52-week high of $488.00.
There are currently 188,750 LICN shares outstanding. The market capitalization of LICN is $653.08k. In the past 24 hours, 23,613 LICN shares were traded.
How to Buy Lichen China Stock
Wondering how to invest in Lichen China stock? Here's how.
- Choose where to buy Lichen China stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Lichen China stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your method of payment and add your details.
- Evaluate Lichen China stock: The Lichen China ticker symbol is LICN. Is Lichen China stock a good investment? Should you buy shares of LICN? How do LICN's underlying business fundamentals look? Do top analysts think Lichen China is a good buy? Why has LICN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if LICN is a good stock to buy).
- Place your LICN purchase: Decide if you will purchase LICN shares at the current market price or use a limit order to buy LICN stock at a specific price.
- Get updates on your LICN position: Create a watchlist to get live updates on your position in Lichen China shares.
Step 1: Choose where to buy Lichen China stock
You need a brokerage account to access the NASDAQ market and buy LICN shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you can buy LICN today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on app for stock market, you need to deposit funds:
Watch the tutorial below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Lichen China stock
Once you have decided on the best place to buy Lichen China stock, it's critical to research their stock before you invest, so you actually wrap your head around the risk and opportunity.
Lichen China Metrics
Fundamentals of LICN
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LICN's stock page.
Is LICN stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LICN's intrinsic value.
Using relative valuations methods:
- LICN may be undervalued based on its P/E ratio of 0.06x, relative to Specialty Business Services industry P/E ratio of 37.08x
- LICN may be undervalued based on its P/B ratio of 0.01x, relative to Specialty Business Services industry P/B ratio of 5x
You can do more valuation analysis on LICN's stock here.
A quick look at LICN Financials
Positive Health Checks:
- LICN earnings of $11.20M is not enough to cover its interest payments.
- LICN has a low debt to equity ratio of 0.04.
- There are more short-term assets than long-term liabilities on the LICN balance sheet.
- LICN's operating cash flow of $4.37M allows it to safely service it's debt of $82.00k.
- LICN profit margin has gone up from 14.4% to 18.5% in the past year.
- There are more short-term assets than short-term liabilities on the LICN balance sheet.
LICN Trading Indicators
LICN Growth Metrics
Last year, LICN earnings were $7.75M. During the last two year, LICN's earnings have increased by -7.42% per year. This was slower than the Specialty Business Services industry average of 12.33%.
Last year, LICN revenue was $41.93M. During the past 2 year, LICN's revenue has gone up by 11.95% per year. This was faster than the Specialty Business Services industry average of 9.19%.
Dig into LICN's earnings and revenue performance here.
What are LICN insiders up to?
In the last year, executives and large shareholders at LICN have not bought or sold any shares.
Dig into more about who owns LICN shares here.
Does LICN stock generate passive income?
No, Lichen China doesn't provide an income stream by paying out dividends.
What do other traders have to say about LICN?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your LICN purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Click the Open button and your broker will place your order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your LICN position
Now that you own some LICN shares, you'll want to stay up-to-date on your new investment.
Put LICN on a watchlist to keep tabs on your LICN stock.
LICN Feed
How to Buy Stock in Lichen China
To summarize, here are the 6 steps to buy stock in Lichen China:
- Choose where to buy Lichen China stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Lichen China stock
- Place your LICN purchase
- Get updates on your LICN position
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Lichen China, add LICN to your watchlist below.
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