Finer Wealth Management Inc. Makes New Investment in SEALSQ Corp (NASDAQ:LAES)

Finer Wealth Management Inc. acquired a new stake in shares of SEALSQ Corp (NASDAQ:LAES) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 100,000 shares of the company’s stock, valued at approximately $615,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LAES. Private Advisor Group LLC purchased a new position in shares of SEALSQ in the 4th quarter valued at approximately $84,000. SBI Securities Co. Ltd. purchased a new stake in SEALSQ during the 4th quarter worth approximately $707,000. Bravias Capital Group LLC acquired a new position in SEALSQ during the 4th quarter valued at approximately $141,000. HUB Investment Partners LLC purchased a new position in shares of SEALSQ in the fourth quarter worth $115,000. Finally, Geode Capital Management LLC acquired a new stake in shares of SEALSQ during the fourth quarter worth $79,000. Hedge funds and other institutional investors own 1.25% of the company’s stock.

SEALSQ Stock Down 1.2 %

NASDAQ LAES opened at $2.52 on Wednesday. The company has a debt-to-equity ratio of 3.55, a current ratio of 3.58 and a quick ratio of 3.20. The stock’s fifty day moving average price is $2.97 and its 200 day moving average price is $2.53. SEALSQ Corp has a 1 year low of $0.29 and a 1 year high of $11.00.

About SEALSQ

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.