Now that Lucira Health Inc.’s volume has hit 1.91 million, investors get a glimpse of its size.

A new trading day began on January 24, 2023, with Lucira Health Inc. (NASDAQ: LHDX) stock priced at $0.33, up 0.62% from the previous day of trading. During the day, the shares moved up to $0.3519 and dropped to $0.305 before settling in for the closing price of $0.32. LHDX’s price has ranged from $0.11 to $5.67 over the past 52 weeks.


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Meanwhile, its annual earnings per share averaged -84.50%. With a float of $36.67 million, this company’s outstanding shares have now reached $40.22 million.

The extent of productivity of a business whose workforce counts for 221 workers is very important to gauge. In terms of profitability, gross margin is +11.46, operating margin of -68.45, and the pretax margin is -69.65.

Lucira Health Inc. (LHDX) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Lucira Health Inc. is 3.40%, while institutional ownership is 57.10%. The most recent insider transaction that took place on Dec 20, was worth 682. In this transaction Chief Operations Officer of this company sold 4,263 shares at a rate of $0.16, taking the stock ownership to the 144,925 shares. Before that another transaction happened on Dec 01, when Company’s Interim CFO sold 1,583 for $0.36, making the entire transaction worth $570. This insider now owns 107,293 shares in total.

Lucira Health Inc. (LHDX) Performance Highlights and Predictions

In its latest quarterly report, released on 6/29/2022, the company reported earnings of -$0.54 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -69.67 while generating a return on equity of -52.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -84.50% per share during the next fiscal year.

Lucira Health Inc. (NASDAQ: LHDX) Trading Performance Indicators

Here are Lucira Health Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.58, a number that is poised to hit -0.40 in the next quarter and is forecasted to reach -0.48 in one year’s time.

Technical Analysis of Lucira Health Inc. (LHDX)

The latest stats from [Lucira Health Inc., LHDX] show that its last 5-days average volume of 5.49 million was inferior to 19.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.22%. Additionally, its Average True Range was 0.09.

During the past 100 days, Lucira Health Inc.’s (LHDX) raw stochastic average was set at 11.87%, which indicates a significant decrease from 34.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 277.37% in the past 14 days, which was lower than the 334.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3371, while its 200-day Moving Average is $1.6340. Now, the first resistance to watch is $0.3507. This is followed by the second major resistance level at $0.3747. The third major resistance level sits at $0.3976. If the price goes on to break the first support level at $0.3038, it is likely to go to the next support level at $0.2809. Assuming the price breaks the second support level, the third support level stands at $0.2569.

Lucira Health Inc. (NASDAQ: LHDX) Key Stats

With a market capitalization of 10.62 million, the company has a total of 40,106K Shares Outstanding. Currently, annual sales are 93,060 K while annual income is -64,830 K. The company’s previous quarter sales were 34,390 K while its latest quarter income was -126,860 K.

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