Lucid Group Inc (LCID) volume hits 19.66 million: A New Opening for Investors

Sana Meer

As on Wednesday, Lucid Group Inc (NASDAQ: LCID) started slowly as it slid -2.35% to $16.59, before settling in for the price of $16.99 at the close. Taking a more long-term approach, LCID posted a 52-week range of $15.25-$36.40.

The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 54.19%. Meanwhile, its Annual Earning per share during the time was 54.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 24.25%. This publicly-traded company’s shares outstanding now amounts to $324.16 million, simultaneously with a float of $133.87 million. The organization now has a market capitalization sitting at $5.38 billion. At the time of writing, stock’s 50-day Moving Average stood at $20.11, while the 200-day Moving Average is $23.20.

Lucid Group Inc (LCID) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Auto Manufacturers industry. Lucid Group Inc’s current insider ownership accounts for 58.71%, in contrast to 15.78% institutional ownership.

Lucid Group Inc (LCID) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.95 per share during the current fiscal year.

Lucid Group Inc’s EPS increase for this current 12-month fiscal period is 24.25% and is forecasted to reach -6.97 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 25.13% 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 5.05.

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 -2.55 in the next quarter, and analysts are predicting that it will be -6.97 at the market close of one year from today.

Technical Analysis of Lucid Group Inc (LCID)

Through scrutinizing the latest numbers posted by the [Lucid Group Inc, LCID], it can be observed that its last 5-days Average volume of 12.15 million was better the volume of 11.35 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 40.72% While, its Average True Range was 31.85.

Raw Stochastic average of Lucid Group Inc (LCID) in the period of the previous 100 days is set at 7.26%, which indicates a major fall in contrast to 31.15% 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 0.94 that was lower than 1.25 volatility it exhibited in the past 100-days period.

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