The stock has a 36-month beta value of 0.72. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LUCY is 10.46M, and at present, short sellers hold a 0.35% of that float. On May 09, 2024, the average trading volume of LUCY was 130.44K shares.
LUCY) stock’s latest price update
The stock of Innovative Eyewear Inc (NASDAQ: LUCY) has decreased by -10.04 when compared to last closing price of 0.23.Despite this, the company has seen a gain of 6.71% in its stock price over the last five trading days. GlobeNewsWire reported 2023-10-03 that Chief Financial Officer, Mr. Konrad Dabrowski to Present at 2:00 p.m. Eastern Time on Thursday, October 12th, 2023 Chief Financial Officer, Mr. Konrad Dabrowski to Present at 2:00 p.m. Eastern Time on Thursday, October 12th, 2023
LUCY’s Market Performance
Innovative Eyewear Inc (LUCY) has seen a 6.71% rise in stock performance for the week, with a -25.33% decline in the past month and a -52.49% plunge in the past quarter. The volatility ratio for the week is 15.97%, and the volatility levels for the past 30 days are at 12.65% for LUCY. The simple moving average for the last 20 days is -12.53% for LUCY’s stock, with a simple moving average of -54.32% for the last 200 days.
LUCY Trading at -28.41% 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 -92.41% of loss for the given period.
Volatility was left at 12.65%, however, over the last 30 days, the volatility rate increased by 15.97%, as shares sank -18.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.56% lower at present.
During the last 5 trading sessions, LUCY rose by +6.71%, which changed the moving average for the period of 200-days by -74.45% in comparison to the 20-day moving average, which settled at $0.2392. In addition, Innovative Eyewear Inc saw -49.89% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LUCY
Current profitability levels for the company are sitting at:
- -8.1 for the present operating margin
- -0.23 for the gross margin
The net margin for Innovative Eyewear Inc stands at -11.11. The total capital return value is set at -0.64. Equity return is now at value -139.06, with -122.17 for asset returns.
Currently, EBITDA for the company is -5.54 million with net debt to EBITDA at 0.64. When we switch over and look at the enterprise to sales, we see a ratio of -1.94. The receivables turnover for the company is 4.73for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.99.
Conclusion
To sum up, Innovative Eyewear Inc (LUCY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
