Luokung Technology Corp. (NASDAQ: LKCO) open the trading on February 22, 2021, with a bit cautious approach as it glided -6.52% to $2.15. During the day, the stock rose to $2.38 and sunk to $2.10 before settling in for the price of $2.30 at the close. Taking a more long-term approach, LKCO posted a 52-week range of $0.34-$3.86.
In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was 16.30%. Meanwhile, its Annual Earning per share during the time was -17.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -162.00%. This publicly-traded company’s shares outstanding now amounts to $330.30 million, simultaneously with a float of $299.04 million. The organization now has a market capitalization sitting at $710.15 million. At the time of writing, stock’s 50-day Moving Average stood at $0.89, while the 200-day Moving Average is $0.63.
If we measure the efficiency of the company that is accounted for 182 employees. It has generated 103,182 per worker during the last fiscal year. Meanwhile, its income per employee was -173,149. The stock had 0.57 Receivables turnover and 0.17 Total Asset turnover. For the Profitability, stocks gross margin was +18.15, operating margin was -167.32 and Pretax Margin of -170.52.
Luokung Technology Corp. (LKCO) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Internet Content & Information industry. Luokung Technology Corp.’s current insider ownership accounts for 46.50%, in contrast to 7.50% institutional ownership.
Luokung Technology Corp. (LKCO) Earnings and Revenue Records
This company achieved a net margin of -167.81 while generating a return on equity of -53.64. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Luokung Technology Corp.’s EPS decrease for this current 12-month fiscal period is -162.00%.
Luokung Technology Corp. (NASDAQ: LKCO) Trading Performance Indicators
Let’s observe the current performance indicators for Luokung Technology Corp. (LKCO). The Stock has managed to achieve an average true range (ATR) of 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 37.77.
In the same vein, LKCO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.16.
Technical Analysis of Luokung Technology Corp. (LKCO)
[Luokung Technology Corp., LKCO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 50.30% While, its Average True Range was 0.49.
Raw Stochastic average of Luokung Technology Corp. (LKCO) in the period of the previous 100 days is set at 50.71%, which indicates a major rise in contrast to 47.55% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 328.52% that was higher than 183.08% volatility it exhibited in the past 100-days period.