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A Lesson to Learn: Innovative Eyewear Inc. (LUCY)

Innovative Eyewear Inc. (NASDAQ:LUCY) went up by 6.06% from its latest closing price compared to the recent 1-year high of $7.00. The company’s stock price has collected 32.08% of gains in the last five trading sessions.

Is It Worth Investing in Innovative Eyewear Inc. (NASDAQ :LUCY) Right Now?

Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Innovative Eyewear Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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LUCY currently public float of 2.38M and currently shorts hold a 38.06% ratio of that float. Today, the average trading volume of LUCY was 552.27K shares.

LUCY’s Market Performance

LUCY stocks went up by 32.08% for the week, with a monthly jump of 48.78% and a quarterly performance of -25.93%. The volatility ratio for the week stands at 21.50% while the volatility levels for the past 30 days are set at 20.94% for Innovative Eyewear Inc. The simple moving average for the period of the last 20 days is 30.84% for LUCY stocks with a simple moving average of -22.59% for the last 200 days.

LUCY Trading at 24.17% from the 50-Day Moving Average

After a stumble in the market that brought LUCY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.00% of loss for the given period.

Volatility was left at 20.94%, however, over the last 30 days, the volatility rate increased by 21.50%, as shares surge +55.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.

During the last 5 trading sessions, LUCY rose by +32.08%, in comparison to the 20-day moving average, which settled at $1.0950. In addition, Innovative Eyewear Inc. saw 2.19% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for LUCY

Current profitability levels for the company are sitting at:

  • -464.05 for the present operating margin
  • +21.47 for the gross margin

The net margin for Innovative Eyewear Inc. stands at -469.76. Equity return is now at value -456.70, with -225.00 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.