Innovative Eyewear Inc [NASDAQ: LUCY] traded at a high on Thursday, posting a 53.78 gain after which it closed the day’ session at $5.09.
The results of the trading session contributed to over 86389340 shares changing hands. Over the past one week, the price volatility of Innovative Eyewear Inc stands at 17.46% while the volatility over the past one month is 11.52%.
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The market cap for LUCY stock reached $7.99 million, with 1.57 million shares outstanding and 1.22 million shares in the current float. Compared to the average trading volume of 1.12M shares, LUCY reached a trading volume of 86389340 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Innovative Eyewear Inc [LUCY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LUCY shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LUCY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Innovative Eyewear Inc is set at 0.79, with the Price to Sales ratio for LUCY stock in the period of the last 12 months amounting to 5.22. The Price to Book ratio for the last quarter was 1.06, with the Price to Cash per share for the same quarter was set at 3.76.
How has LUCY stock performed recently?
Innovative Eyewear Inc [LUCY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 37.57. With this latest performance, LUCY shares gained by 22.36% in over the last four-week period, additionally sinking by -33.06% over the last 6 months – not to mention a drop of -57.80% in the past year of trading.
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 LUCY stock in for the last two-week period is set at 57.19, with the RSI for the last a single of trading hit 69.45, and the three-weeks RSI is set at 50.97 for Innovative Eyewear Inc [LUCY]. The present Moving Average for the last 50 days of trading for this stock 5.70, while it was recorded at 3.84 for the last single week of trading, and 7.23 for the last 200 days.
Innovative Eyewear Inc [LUCY]: Deeper insight into the fundamentals
Innovative Eyewear Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 12.71 and a Current Ratio set at 14.73.
Earnings analysis for Innovative Eyewear Inc [LUCY]
With the latest financial reports released by the company, Innovative Eyewear Inc posted -2.4/share EPS, while the average EPS was predicted by analysts to be reported at -2.8/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.4. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LUCY.
Insider trade positions for Innovative Eyewear Inc [LUCY]
There are presently around $1.42%, or 1.83%% of LUCY stock, in the hands of institutional investors.
