Lucid Group Inc (NASDAQ: LCID) kicked off on Monday, down -5.82% from the previous trading day, before settling in for the closing price of $12.54. Over the past 52 weeks, LCID has traded in a range of $11.46-$36.40.
Annual sales at Consumer Cyclical sector company grew by 54.19% over the past five years. While this was happening, its average annual earnings per share was recorded 21.49%. With a float of $130.10 million, this company’s outstanding shares have now reached $324.16 million.
Lucid Group Inc (LCID) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of Lucid Group Inc is 59.86%, while institutional ownership is 17.50%.
Lucid Group Inc (LCID) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -2.2 earnings per share (EPS), higher than consensus estimate (set at -2.85) by 0.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.58% 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
Take a look at Lucid Group Inc’s (LCID) current performance indicators. Last quarter, stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.76, a number that is poised to hit -2.61 in the next quarter and is forecasted to reach -7.14 in one year’s time.
Technical Analysis of Lucid Group Inc (LCID)
Lucid Group Inc (NASDAQ: LCID) saw its 5-day average volume 7.11 million, a negative change from its year-to-date volume of 11.07 million. As of the previous 9 days, the stock’s Stochastic %D was 17.17%.
During the past 100 days, Lucid Group Inc’s (LCID) raw stochastic average was set at 1.88%, which indicates a significant increase from 0.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.72 in the past 14 days, which was lower than the 1.06 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.48, while its 200-day Moving Average is $21.49. Nevertheless, the first resistance level for the watch stands at $12.47 in the near term. At $13.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.47. If the price goes on to break the first support level at $11.47, it is likely to go to the next support level at $11.14. The third support level lies at $10.47 if the price breaches the second support level.
Lucid Group Inc (NASDAQ: LCID) Key Stats
The company with the Market Capitalisation of 3.83 billion has total of 324,168K Shares Outstanding. Its annual sales at the moment are 807,830 K in contrast with the sum of -2,714 M annual income. Company’s last quarter sales were recorded 336,580 K and last quarter income was -978,430 K.
