Witnessing the stock’s movement on the chart, on Wednesday, Lucid Group Inc (NASDAQ: LCID) had a quiet start as it plunged -5.17% to $11.0, before settling in for the price of $11.6 at the close. Taking a more long-term approach, LCID posted a 52-week range of $10.45-$36.20.
It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 54.19% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 54.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 21.28%. This publicly-traded company’s shares outstanding now amounts to $324.16 million, simultaneously with a float of $130.12 million. The organization now has a market capitalization sitting at $3.57 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.67, while the 200-day Moving Average is $20.71.
Lucid Group Inc (LCID) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Auto Manufacturers industry. Lucid Group Inc’s current insider ownership accounts for 59.86%, in contrast to 17.50% institutional ownership.
Lucid Group Inc (LCID) Earnings and Revenue Records
Lucid Group Inc’s EPS increase for this current 12-month fiscal period is 21.28% and is forecasted to reach -7.15 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 24.57% through the next 5 years, which can be compared against the 54.19% growth it accomplished over the previous five years trading on the market.
Lucid Group Inc (NASDAQ: LCID) Trading Performance Indicators
Let’s observe the current performance indicators for Lucid Group Inc (LCID). It’s Quick Ratio in the last reported quarter now stands at 1.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.35.
In the same vein, LCID’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -10.76, a figure that is expected to reach -2.64 in the next quarter, and analysts are predicting that it will be -7.15 at the market close of one year from today.
Technical Analysis of Lucid Group Inc (LCID)
Going through the that latest performance of [Lucid Group Inc, LCID]. Its last 5-days volume of 8.61 million indicated improvement to the volume of 7.64 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 52.08% While, its Average True Range was 40.06.
Raw Stochastic average of Lucid Group Inc (LCID) in the period of the previous 100 days is set at 3.69%, which indicates a major fall in contrast to 25.47% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 0.56 that was lower than 0.97 volatility it exhibited in the past 100-days period.
