Can Innovative Eyewear Inc’s (LUCY) hike of 6.78% in a week be considered a lucky break?

Innovative Eyewear Inc (NASDAQ: LUCY) kicked off on Tuesday, down -5.03% from the previous trading day, before settling in for the closing price of $1.99. Over the past 52 weeks, LUCY has traded in a range of $1.57-$27.20.

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Annual sales at Healthcare sector company grew by 305.99% over the past five years. While this was happening, its average annual earnings per share was recorded 53.76%. With a float of $1.19 million, this company’s outstanding shares have now reached $2.45 million.

Let’s look at the performance matrix of the company that is accounted for 11 employees. In terms of profitability, gross margin is 13.15%, operating margin of -280.59%, and the pretax margin is -474.6%.

Innovative Eyewear Inc (LUCY) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Innovative Eyewear Inc is 51.59%, while institutional ownership is 0.76%. The most recent insider transaction that took place on Apr 10 ’25, was worth 9,935. Before that another transaction happened on Apr 10 ’25, when Company’s Officer proposed sale 1,519 for $2.73, making the entire transaction worth $4,139.

Innovative Eyewear Inc (LUCY) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.69 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 53.76% per share during the next fiscal year.

Innovative Eyewear Inc (NASDAQ: LUCY) Trading Performance Indicators

Take a look at Innovative Eyewear Inc’s (LUCY) current performance indicators. Last quarter, stock had a quick ratio of 10.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.77 and is forecasted to reach 0.69 in one year’s time.

Technical Analysis of Innovative Eyewear Inc (LUCY)

Innovative Eyewear Inc (NASDAQ: LUCY) saw its 5-day average volume 0.45 million, a positive change from its year-to-date volume of 0.28 million. As of the previous 9 days, the stock’s Stochastic %D was 53.88%. Additionally, its Average True Range was 0.48.

During the past 100 days, Innovative Eyewear Inc’s (LUCY) raw stochastic average was set at 5.30%, which indicates a significant decrease from 8.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 462.33% in the past 14 days, which was higher than the 190.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.1469, while its 200-day Moving Average is $5.3447. Nevertheless, the first resistance level for the watch stands at $2.3800 in the near term. At $2.8700, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.1500. If the price goes on to break the first support level at $1.6100, it is likely to go to the next support level at $1.3300. The third support level lies at $0.8400 if the price breaches the second support level.

Innovative Eyewear Inc (NASDAQ: LUCY) Key Stats

The company with the Market Capitalisation of 4.64 million has total of 2,453K Shares Outstanding. Its annual sales at the moment are 1,640 K in contrast with the sum of -7,770 K annual income. Company’s last quarter sales were recorded 690 K and last quarter income was -2,130 K.