LumiraDx Limited (NASDAQ: LMDX) on August 04, 2022, started off the session at the price of $1.69, soaring 3.64% from the previous trading day. During the day, the shares moved up to $1.74 and dropped to $1.64 before settling in for the closing price of $1.65. Within the past 52 weeks, LMDX’s price has moved between $1.30 and $11.09.
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The company achieved an average annual earnings per share of 33.00%. With a float of $95.17 million, this company’s outstanding shares have now reached $253.07 million.
The extent of productivity of a business whose workforce counts for 1513 workers is very important to gauge.
LumiraDx Limited (LMDX) Insider Updates
Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. The insider ownership of LumiraDx Limited is 49.13%, while institutional ownership is 8.60%.
LumiraDx Limited (LMDX) Performance Highlights and Predictions
As on 3/30/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.22 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.06) by -$0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.00% per share during the next fiscal year.
LumiraDx Limited (NASDAQ: LMDX) Trading Performance Indicators
LumiraDx Limited (LMDX) is currently performing well based on its current performance indicators. A quick ratio of 1.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.22, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.70 in one year’s time.
Technical Analysis of LumiraDx Limited (LMDX)
The latest stats from [LumiraDx Limited, LMDX] show that its last 5-days average volume of 0.71 million was superior to 0.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.33%. Additionally, its Average True Range was 0.22.
During the past 100 days, LumiraDx Limited’s (LMDX) raw stochastic average was set at 5.37%, which indicates a significant decrease from 29.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 204.48% in the past 14 days, which was higher than the 125.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.7494, while its 200-day Moving Average is $6.3918. Now, the first resistance to watch is $1.7533. This is followed by the second major resistance level at $1.7967. The third major resistance level sits at $1.8533. If the price goes on to break the first support level at $1.6533, it is likely to go to the next support level at $1.5967. Assuming the price breaks the second support level, the third support level stands at $1.5533.
LumiraDx Limited (NASDAQ: LMDX) Key Stats
Market capitalization of the company is 338.53 million based on 45,240K outstanding shares. Right now, sales total 421,430 K and income totals -100,930 K. The company made 126,410 K in profit during its latest quarter, and -55,750 K in sales during its previous quarter.