Lucid Group Inc (NASDAQ: LCID) kicked off on Tuesday, down -5.45% from the previous trading day, before settling in for the closing price of $12.3. Over the past 52 weeks, LCID has traded in a range of $11.09-$36.40.
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 54.19%. 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.
Considering the fact that the conglomerate employs 6800 people, you should pay attention to its efficiency factor.
Lucid Group Inc (LCID) Insider Activity
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) Earnings and Forecasts
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 3.54.
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)
Compared to the last year’s volume of 10.97 million, its volume of 6.88 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.50%.
During the past 100 days, Lucid Group Inc’s (LCID) raw stochastic average was set at 3.85%, which indicates a significant decrease from 17.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.71 in the past 14 days, which was lower than the 1.01 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.22, while its 200-day Moving Average is $21.21. Nevertheless, the first resistance level for the watch stands at $11.96 in the near term. At $12.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.47. If the price goes on to break the first support level at $11.45, it is likely to go to the next support level at $11.26. Should the price break the second support level, the third support level stands at $10.94.
Lucid Group Inc (NASDAQ: LCID) Key Stats
The company with the Market Capitalisation of 3.77 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.
