Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) shares traded 64.58% higher at $1.30 on Wall Street last session.
LYT stock price is now 62.81% away from the 50-day moving average and -61.61% away from the 200-day moving average. The market capitalization of the company currently stands at $48.85M.
A total of 85.86% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LYT stock. A new stake in Lytus Technologies Holdings PTV. Ltd. shares was purchased by GEODE CAPITAL MANAGEMENT, LLC during the first quarter worth $53,000. CITADEL ADVISORS LLC invested $45,000 in shares of LYT during the first quarter. In the first quarter, JANE STREET GROUP, LLC acquired a new stake in Lytus Technologies Holdings PTV. Ltd. valued at approximately $38,000. In total, there are 12 active investors with 0.49% ownership of the company’s stock.
Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) opened at $0.9200 on Friday. During the past 12 months, Lytus Technologies Holdings PTV. Ltd. has had a low of $0.50 and a high of $47.06. The fifty day moving average price for LYT is $0.8052 and a two-hundred day moving average price translates $3.3728 for the stock.
The latest earnings results from Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) was released for Mar, 2022.
Lytus Technologies Holdings PTV. Ltd.(LYT) Company Profile
Lytus Technologies Holdings PTV. Ltd., a platform services company, provides content streaming/telecasting services to users in India. The company operates through two segments, Cable Business and Telemedicine Services. Its Lytus platform provides a range of streaming services, as well as telemedicine services with local assistance through health centers. The company offers subscription-based video services and Internet services to residential customers comprising 450 linear channels, as well as educational channels customized for local educational boards for schools. The company was incorporated in 2020 and is headquartered in Mumbai, India.