A new trading day began on Monday, with Lucid Group Inc (NASDAQ: LCID) stock price down -0.41% from the previous day of trading, before settling in for the closing price of $2.42. LCID’s price has ranged from $1.93 to $4.43 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 54.19% over the past five years. Meanwhile, its annual earnings per share averaged 28.88%. With a float of $1.24 billion, this company’s outstanding shares have now reached $3.05 billion.
Let’s look at the performance matrix of the company that is accounted for 6800 employees. In terms of profitability, gross margin is -105.68%, operating margin of -342.8%, and the pretax margin is -275.77%.
Lucid Group Inc (LCID) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of Lucid Group Inc is 59.75%, while institutional ownership is 15.48%. The most recent insider transaction that took place on Oct 30 ’24, was worth 970,894,149. In this transaction Director of this company bought 374,717,927 shares at a rate of $2.59, taking the stock ownership to the 2,205,602,291 shares. Before that another transaction happened on Oct 31 ’24, when Company’s Director bought 21,470,459 for $2.59, making the entire transaction worth $55,629,959. This insider now owns 2,227,072,750 shares in total.
Lucid Group Inc (LCID) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 28.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.49% during the next five years compared to 54.19% growth over the previous five years of trading.
Lucid Group Inc (NASDAQ: LCID) Trading Performance Indicators
Here are Lucid Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.22, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.66 in one year’s time.
Technical Analysis of Lucid Group Inc (LCID)
Lucid Group Inc (NASDAQ: LCID) saw its 5-day average volume 92.21 million, a negative change from its year-to-date volume of 119.49 million. As of the previous 9 days, the stock’s Stochastic %D was 7.59%.
During the past 100 days, Lucid Group Inc’s (LCID) raw stochastic average was set at 30.94%, which indicates a significant increase from 15.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.23 in the past 14 days, which was higher than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.38, while its 200-day Moving Average is $2.51.
