Lucid Group Inc (NASDAQ: LCID) on Monday, plunged -9.08% from the previous trading day, before settling in for the closing price of $14.2. Within the past 52 weeks, LCID’s price has moved between $14.19 and $36.40.
It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 54.19%. The company achieved an average annual earnings per share of 22.76%. With a float of $133.87 million, this company’s outstanding shares have now reached $324.16 million.
Lucid Group Inc (LCID) Insider Updates
Observing investor behavior towards Auto Manufacturers industry stocks is more important than anything else. The insider ownership of Lucid Group Inc is 58.71%, while institutional ownership is 17.50%.
Lucid Group Inc (LCID) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -2.2 earnings per share (EPS) for the period topping the consensus outlook (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 22.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.57% 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
Lucid Group Inc (LCID) is currently performing well based on its current performance indicators. A quick ratio of 1.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.76, a number that is poised to hit -2.51 in the next quarter and is forecasted to reach -7.06 in one year’s time.
Technical Analysis of Lucid Group Inc (LCID)
The latest stats from [Lucid Group Inc, LCID] show that its last 5-days average volume of 12.62 million was superior to 11.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.59%.
During the past 100 days, Lucid Group Inc’s (LCID) raw stochastic average was set at 1.61%, which indicates a significant decrease from 5.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.98 in the past 14 days, which was lower than the 1.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.90, while its 200-day Moving Average is $23.00. Now, the first resistance to watch is $13.81. This is followed by the second major resistance level at $14.71. The third major resistance level sits at $15.33. If the price goes on to break the first support level at $12.29, it is likely to go to the next support level at $11.67. Assuming the price breaks the second support level, the third support level stands at $10.77.
Lucid Group Inc (NASDAQ: LCID) Key Stats
Market capitalization of the company is 4.19 billion based on 324,168K outstanding shares. Right now, sales total 807,830 K and income totals -2,714 M. The company made 336,580 K in profit during its latest quarter, and -978,430 K in sales during its previous quarter.
