As on Wednesday, Lucid Group Inc (NASDAQ: LCID) got off with the flyer as it spiked 3.44% to $2.71, before settling in for the price of $2.62 at the close. Taking a more long-term approach, LCID posted a 52-week range of $2.29-$8.37.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 907.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 21.77%. This publicly-traded company’s shares outstanding now amounts to $2.30 billion, simultaneously with a float of $855.38 million. The organization now has a market capitalization sitting at $6.25 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.76, while the 200-day Moving Average is $4.25.
Lucid Group Inc (LCID) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Auto Manufacturers industry. Lucid Group Inc’s current insider ownership accounts for 62.92%, in contrast to 13.80% institutional ownership. According to the most recent insider trade that took place on Sep 14 ’23, this organization’s Senior Vice President, Digital sold 46,735 shares at the rate of 6.01, making the entire transaction reach 280,877 in total value, affecting insider ownership by 1,437,293. Preceding that transaction, on Jun 22 ’23, Company’s Director bought 265,693,703 for 6.83, making the whole transaction’s value amount to 1,814,687,991. This particular insider is now the holder of 1,366,658,905 in total.
Lucid Group Inc (LCID) Earnings and Revenue Records
Lucid Group Inc’s EPS increase for this current 12-month fiscal period is 21.77% and is forecasted to reach -0.90 in the upcoming year.
Lucid Group Inc (NASDAQ: LCID) Trading Performance Indicators
Let’s observe the current performance indicators for Lucid Group Inc (LCID). It’s Quick Ratio in the last reported quarter now stands at 4.12. The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.11.
In the same vein, LCID’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.26, a figure that is expected to reach -0.25 in the next quarter, and analysts are predicting that it will be -0.90 at the market close of one year from today.
Technical Analysis of Lucid Group Inc (LCID)
Through scrutinizing the latest numbers posted by the [Lucid Group Inc, LCID], it can be observed that its last 5-days Average volume of 29.54 million was lower the volume of 33.12 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 57.62% While, its Average True Range was 0.20.
Raw Stochastic average of Lucid Group Inc (LCID) in the period of the previous 100 days is set at 13.91%, which indicates a major fall in contrast to 52.50% 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 87.33% that was higher than 82.30% volatility it exhibited in the past 100-days period.
