With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.52 million shares. The 52-week range on LUCD shows that it touched its highest point at $1.63 and its lowest point at $0.63 during that stretch. It currently has a 1-year price target of $3.50. Beta for the stock currently stands at 1.39.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LUCD was down-trending over the past week, with a drop of -10.69%, but this was up by 57.95% over a month. Three-month performance surged to 42.00% while six-month performance rose 67.65%. The stock gained 13.60% in the past year, while it has gained 73.45% so far this year. A look at the trailing 12-month EPS for LUCD yields -1.13 with Next year EPS estimates of -0.61. For the next quarter, that number is -0.17. This implies an EPS growth rate of 84.60% for this year and 30.90% for next year. EPS is expected to grow by 58.74% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -110.66%.
Float and Shares Shorts:
At present, 51.60 million LUCD shares are outstanding with a float of 24.38 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LUCD since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.6828 being high and -$1.11036 being low. For LUCD, this leads to a yearly average estimate of -$0.89.
