$1.01M in average volume shows that Lucid Diagnostics Inc (LUCD) is heading in the right direction

Lucid Diagnostics Inc (NASDAQ: LUCD) On Friday, started off the session at the price of On Friday, remained unchanged from the previous trading day, before settling in for the closing price of $1.33. Within the past 52 weeks, LUCD’s price has moved between $0.63 and $1.80.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 119.69%. The company achieved an average annual earnings per share of 35.70%. With a float of $40.01 million, this company’s outstanding shares have now reached $63.07 million.

Let’s determine the extent of company efficiency that accounts for 72 employees. In terms of profitability, gross margin is -80.14%, operating margin of -1059.66%, and the pretax margin is -1047.61%.

Lucid Diagnostics Inc (LUCD) Insider Activity

Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Lucid Diagnostics Inc is 62.03%, while institutional ownership is 4.75%.

Lucid Diagnostics Inc (LUCD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 35.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 40.08% during the next five years compared to -54.43% drop over the previous five years of trading.

Lucid Diagnostics Inc (NASDAQ: LUCD) Trading Performance Indicators

Lucid Diagnostics Inc (LUCD) is currently performing well based on its current performance indicators. A quick ratio of 1.03 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 32.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.07, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.32 in one year’s time.

Technical Analysis of Lucid Diagnostics Inc (LUCD)

Looking closely at Lucid Diagnostics Inc (NASDAQ: LUCD), its last 5-days average volume was 1.17 million, which is a jump from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 89.10%. Additionally, its Average True Range was 0.13.

During the past 100 days, Lucid Diagnostics Inc’s (LUCD) raw stochastic average was set at 55.23%, which indicates a significant increase from 35.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 140.09% in the past 14 days, which was higher than the 86.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.4037, while its 200-day Moving Average is $1.0011. However, in the short run, Lucid Diagnostics Inc’s stock first resistance to watch stands at $1.3733. Second resistance stands at $1.4167. The third major resistance level sits at $1.4733. If the price goes on to break the first support level at $1.2733, it is likely to go to the next support level at $1.2167. Should the price break the second support level, the third support level stands at $1.1733.

Lucid Diagnostics Inc (NASDAQ: LUCD) Key Stats

Market capitalization of the company is 140.16 million based on 105,383K outstanding shares. Right now, sales total 4,350 K and income totals -45,530 K. The company made 1,200 K in profit during its latest quarter, and -11,540 K in sales during its previous quarter.