There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Luokung Technology Corp. (LKCO) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0022, or -1.13%, to $0.192. Volume reached 120,320 shares, with price reaching a high of $0.1922 and a low of $0.185. The stock was recently discussed on Yahoo Finance as it revealed that Luokung Affiliate eMapGo Wins 2022 Microsoft Top App Innovation Partner Award.
As a NASDAQ listed company, LKCO falls under the Communication Services sector while operating within the Internet Content & Information industry segment. At the end of the last regular session, the stock closed at $0.19 and fluctuated between $0.1941 as its day high and $0.1870 as its day low. The current market capitalization of Luokung Technology Corp. is $80.19M. A total of 1.05 million shares were traded on the day, compared to an average of 2.31M shares.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for LKCO in the last 3 months, the mean price target is $1.80 with high estimates of $1.80 and low estimates of $1.80. In terms of 52-week highs and lows, LKCO has a high of $1.30 and a low of $0.19.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 1 analysts are providing their opinions on the stock. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.