Now Is The Time To Build A Position In Innovative Eyewear Inc (NASDAQ:LUCY)

Innovative Eyewear Inc (NASDAQ:LUCY)’s traded shares stood at 14.32 million during the last session, with the company’s beta value hitting 3.00. At the close of trading, the stock’s price was $4.95, to imply an increase of 102.04% or $2.5 in intraday trading. The LUCY share’s 52-week high remains $27.20, putting it -449.49% down since that peak but still an impressive 65.66% since price per share fell to its 52-week low of $1.70. The company has a valuation of $12.14M, with an average of 1.51 million shares in intraday trading volume over the past 10 days and average of 27.46K shares over the past 3 months.

Innovative Eyewear Inc (NASDAQ:LUCY) trade information

After registering a 102.04% upside in the last session, Innovative Eyewear Inc (LUCY) has traded red over the past five days. The 5-day price performance for the stock is 115.21%, and 30.26% over 30 days. With these gigs, the year-to-date price performance is 0.61%. Short interest in Innovative Eyewear Inc (NASDAQ:LUCY) saw shorts transact 39178.0 shares and set a 2.57 days time to cover.

Innovative Eyewear Inc (LUCY) estimates and forecasts

The rating firms project that company’s revenue will grow 529.42% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 1M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 1.5M.Earnings reports from the last fiscal year show that sales brought in 383.47k and 308.68k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 160.78% before jumping 385.94% in the following quarter.

LUCY Dividends

Innovative Eyewear Inc has its next earnings report out on 2025-Mar-23. 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.

Innovative Eyewear Inc (NASDAQ:LUCY)’s Major holders

Innovative Eyewear Inc insiders hold 51.37% of total outstanding shares, with institutional holders owning 0.88% of the shares at 1.80% float percentage. In total, 0.88% institutions holds shares in the company.

We also have Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Total Market Index Fund as the top two Mutual Funds with the largest holdings of the Innovative Eyewear Inc (LUCY) shares. Going by data provided on Feb 28, 2025 , Fidelity Concord Street Trust-Fidelity Extended Market Index Fund holds roughly 5.36 shares. This is just over 0.22% of the total shares, with a market valuation of $26546.0. Data from the same date shows that the other fund manager holds a little less at 3.11, or 0.13% of the shares, all valued at about 15399.0.