On Friday, Lucid Group Inc (NASDAQ: LCID) opened lower -4.35% from the last session, before settling in for the closing price of $2.07. Price fluctuations for LCID have ranged from $1.93 to $4.28 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 54.19% over the last five years. Company’s average yearly earnings per share was noted 26.79% at the time writing. With a float of $1.24 billion, this company’s outstanding shares have now reached $3.07 billion.
The firm has a total of 6800 workers. Let’s measure their productivity.
Lucid Group Inc (LCID) Insider Activity
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Lucid Group Inc is 59.75%, while institutional ownership is 16.82%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -2.8 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -3.1) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.19% 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
Check out the current performance indicators for Lucid Group Inc (LCID). In the past quarter, the stock posted a quick ratio of 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.67 in one year’s time.
Technical Analysis of Lucid Group Inc (LCID)
Analysing the last 5-days average volume posted by the [Lucid Group Inc, LCID], we can find that recorded value of 90.1 million was lower than the volume posted last year of 115.19 million. As of the previous 9 days, the stock’s Stochastic %D was 24.88%.
During the past 100 days, Lucid Group Inc’s (LCID) raw stochastic average was set at 0.71%, which indicates a significant decrease from 2.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0936 in the past 14 days, which was lower than the 0.1375 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3349, while its 200-day Moving Average is $2.4808. Now, the first resistance to watch is $2.0500. This is followed by the second major resistance level at $2.1200. The third major resistance level sits at $2.1600. If the price goes on to break the first support level at $1.9400, it is likely to go to the next support level at $1.9000. Should the price break the second support level, the third support level stands at $1.8300.
Lucid Group Inc (NASDAQ: LCID) Key Stats
There are currently 3,072,495K shares outstanding in the company with a market cap of 6.08 billion. Presently, the company’s annual sales total 807,830 K according to its annual income of -2,714 M. Last quarter, the company’s sales amounted to 259,430 K and its income totaled -539,430 K.
