Lucas GC Ltd [LGCL] is -62.60% lower this YTD. Is it still time to buy?

EXFY

Lucas GC Ltd [NASDAQ: LGCL] stock went on a downward path that fall over -23.30% on Thursday, amounting to a one-week price decrease of less than -38.91%.

The market cap for the stock reached $107.07 million, with 79.56 million shares outstanding and 9.18 million shares in the current float. Compared to the average trading volume of 344.12K shares, LGCL stock reached a trading volume of 8525298 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

LGCL Stock Performance Analysis:

Lucas GC Ltd [LGCL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.91.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LGCL stock in for the last two-week period is set at 24.46, with the RSI for the last a single of trading hit 15.83, and the three-weeks RSI is set at 30.46 for Lucas GC Ltd [LGCL]. The present Moving Average for the last 50 days of trading for this stock 2.2696, while it was recorded at 1.8700 for the last single week of trading.

Lucas GC Ltd [LGCL] Institutonal Ownership Details

The top three institutional holders of LGCL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in LGCL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in LGCL stock with ownership which is approximately 5.1238%.