Lucid Diagnostics Inc (NASDAQ:LUCD)’s traded shares stood at 1.54 million during the last session, with the company’s beta value hitting 1.42. At the close of trading, the stock’s price was $1.05, to imply an increase of 5.00% or $0.05 in intraday trading. The LUCD share’s 52-week high remains $1.58, putting it -50.48% down since that peak but still an impressive 40.0% since price per share fell to its 52-week low of $0.63. The company has a valuation of $56.69M, with an average of 0.39 million shares in intraday trading volume over the past 10 days and average of 254.99K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Lucid Diagnostics Inc (LUCD), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 1 analyst(s) give LUCD a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.17.
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Lucid Diagnostics Inc (NASDAQ:LUCD) trade information
After registering a 5.00% upside in the last session, Lucid Diagnostics Inc (LUCD) has traded red over the past five days. The 5-day price performance for the stock is 11.25%, and 32.91% over 30 days. With these gigs, the year-to-date price performance is -25.53%. Short interest in Lucid Diagnostics Inc (NASDAQ:LUCD) saw shorts transact 0.42 million shares and set a 1.52 days time to cover.
The extremes give us $2.5 and $3 for target low and target high price respectively. As such, LUCD has been trading -185.71% off suggested target high and -138.1% from its likely low.
Lucid Diagnostics Inc (LUCD) estimates and forecasts
Looking at statistics comparing Lucid Diagnostics Inc share performance against respective industry, we note that the company has outperformed competitors. Lucid Diagnostics Inc (LUCD) shares are 16.81% up over the last 6 months, with its year-to-date growth rate higher than industry average at 20.65% against 15.90%. Revenue is forecast to grow 24.64% this quarter before jumping 23.81% for the next one. The rating firms project that company’s revenue will grow 83.17% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 1.34M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 1.44M.Earnings reports from the last fiscal year show that sales brought in 1.04M and 1M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 28.70% before jumping 43.63% in the following quarter.
LUCD Dividends
Lucid Diagnostics Inc has its next earnings report out on 2024-Nov-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Lucid Diagnostics Inc (NASDAQ:LUCD)’s Major holders
Lucid Diagnostics Inc insiders hold 64.95% of total outstanding shares, with institutional holders owning 3.70% of the shares at 10.57% float percentage. In total, 3.70% institutions holds shares in the company, led by LUMINUS MANAGEMENT LLC. As of 2024-06-30, the company held over 0.73 million shares (or 1.6124% of shares), all amounting to roughly $0.6 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 0.56 million shares, or about 1.2461% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.46 million.
