In the last trading session, 1.92 million shares of the Innovative Eyewear Inc (NASDAQ:LUCY) were traded, and its beta was 1.80. Most recently the company’s share price was $2.35, and it changed around -$2.6 or -52.53% from the last close, which brings the market valuation of the company to $5.76M. LUCY currently trades at a discount to its 52-week high of $27.20, offering almost -1057.45% off that amount. The share price’s 52-week low was $1.70, which indicates that the current value has risen by an impressive 27.66% since then. We note from Innovative Eyewear Inc’s average daily trading volume that its 10-day average is 1.71 million shares, with the 3-month average coming to 261.55K.
Innovative Eyewear Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended LUCY as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Innovative Eyewear Inc is expected to report earnings per share of -0.73 for the current quarter.
Innovative Eyewear Inc (NASDAQ:LUCY) trade information
Instantly LUCY has showed a red trend with a performance of -52.53% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.56 on recent trading dayincreased the stock’s daily price by 57.73%. The company’s shares are currently down -52.24% year-to-date, but still up 18.69% over the last five days. On the other hand, Innovative Eyewear Inc (NASDAQ:LUCY) is -38.64% down in the 30-day period. We can see from the shorts that 44058.0 shares have been sold at a short interest cover period of 3.31 day(s).
Innovative Eyewear Inc (LUCY) estimates and forecasts
The year-over-year growth rate is expected to be 529.42%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1M in revenue for the current quarter. 1 analysts expect Innovative Eyewear Inc to make 1.5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 383.47k and 308.68k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 160.78%. Forecasts for the next quarter put sales growth at 385.94%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -25.35%.
LUCY Dividends
Innovative Eyewear Inc’s next quarterly earnings report is expected to be released on 2025-Mar-23.
Innovative Eyewear Inc (NASDAQ:LUCY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 51.37% of Innovative Eyewear Inc shares, and 0.88% of them are in the hands of institutional investors. The stock currently has a share float of 1.80%.
Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Total Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 5.36 shares worth $12603.0, making up 0.22% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Total Market Index Fund held roughly 3.11 shares worth around $7310.0, which represents about 0.13% of the total shares outstanding.
